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Gold/Mining/Energy : Greenstone (GRERF)

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To: todd wiseman who wrote (72)8/19/1998 2:02:00 AM
From: Mike Roberts  Read Replies (2) of 138
 
The unsecured notes are being sold in units consisting of a US$1,000 note
and 200 common share purchase warrants. The Notes will rank pari passu with
the existing senior unsecured notes maturing February 2002. The five year
Warrants are exercisable at C$2.50.


Wow! Warrants @2.50 for five years. What a steal. Now why didn't they offer these notes to the little guy. I would have been first in line...
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