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Gold/Mining/Energy : WWS.T World Wide Minerals

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To: kingfisher who wrote (445)5/7/1998 11:16:00 PM
From: tango  Read Replies (1) of 784
 
Mutual fund attack! let em sell down for a nickel, what do they care its not their cash anyway.

food for thought : I for one am an optimist on this stock( amazing how you remain positive when you hold blocks of stock isn't it?)
I however do not believe that this company is that close to a deal, and in fact would be blown over to see something happen in the next month. Further, i have restudied the cashflows and financing on this company and find they must be in serious difficulties to cover short term requirements. Since the firm has a stock price under many broker dealer stocks, it should be interesting to see how they attempt to pull off a financing. Is this company moving forward or into the fire?

The loan was mentioned is a short term 9.5m from dundee, which i understand is being negotiated for a roll over. Otherwise, i would like to see how they pay that one off.

If this firm goes back to kaz once this is settled, consider one pretty large player out of the game.
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