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Gold/Mining/Energy : International Tournigan(ITG.V)announces major discovery
ITG 30.230.0%Feb 28 4:00 PM EST

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To: bay aufarb who wrote (240)3/29/1998 10:04:00 PM
From: Chuca Marsh  Read Replies (1) of 347
 
The bottom of reply 235:($11,200,000 excluding ...Item #1 of 6)
RECAP:
1)-to the vendor up to 8,000,000 shares
2)-shares issuable upon exercise of the
conditional warrant shall be 2,000,000 Tournigan shares.
3)-Tournigan shall have spent or shall have committed to spend US$140,000 per month for 16 months on the feasibility study
( so that is =$2,240,000 )
4)-US$3 million and shall be completed within 30 months after the effective date.
5)-cash payment of $1.10 in lieu of a share to a maximum reduction of
2,000,000 shares.
6)- And after the FEASEABILITY STUDY- A Point Penalty of $2,500,000 CN Buckaroos!
Add that up, laugh or cry, your choice, what is wrong with this picture, the Neil Mad Train squashed alot of Copper Pennies! EOM
Chuca
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