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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR)

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To: Alastair who wrote (814)7/15/1998 2:20:00 PM
From: Tim Cruise  Read Replies (3) of 2444
 
Gino, I checked my notes from an actual conversation that I had with Jason where I specifically asked him about additional financing. This took place after the April 28th PR - in fact, that news was the reason that I asked the question. I admit that I have no actual notation of his response, but I seem to remember him saying that there would be no financing until the price was much higher (at the time the stock was 2.05 - 2.10). What will this minute amount of money be used for? I hope it is not to extend production capabilities, as that is one of the things that the JV is supposed to accomplish. I just hate Vancouver companies for doing this. Why bother raising such a small amount of money at such fire sale prices if a "big" news release is really in the works????
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