Channel Resources (CHU T) Message Board

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Gold/Mining/Energy : Channel Resources (CHU T)

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To: Bobby Yellin who wrote (16)	7/3/1998 3:00:00 PM
From: John Stokes	Read Replies (1) of 29

I just went over the EET circular again and would direct your attention to page 44 half way down are the terms to solomon for their 45%! We might translate or compare this to the offer for CHU 55%. NEXT >>> read page 48 CHU shares owned by Placer! and also Placer owns >10% of EET. More importantly read effect of offer on market for common shares (item # 11). Now page 50, note the share outline and see the note under the graph Viceroy with over 7 mill and a perceived over 8 mill by CDS & CO. == 15 mil + lets count Placer at 2.5 with their latest purchase and we have in excess of 51% of the CHU shares which to me translates to a done deal??... Let me know your interpretation.

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