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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: Valuepro who wrote (2073)10/9/1998 2:38:00 PM
From: VAUGHN  Read Replies (1) of 7235
 
Hello Valuepro

Just a quick follow-up to you inquiry on my earlier post and a correction to an error I made. I have just been informed that the share float on NDR right now is 14.893m. I mislead you in posting otherwise earlier. The other player on many of these claims is of course LTL, which has a float of 115.7m. I can not tell you what the warrant/option situation is.

Both NDR and LTL apparently are very much strapped for cash, but I do not as yet know their exact financial picture.

If I get word I will pass it along.

Hope this helps and here is a thank you to the gentlemen who kindly called with the correction and an apology to the thread for speaking too soon.

Regards

P.S. Woops, I should read ahead before I post, looks like BozkurtD is ahead of me.

I wonder about their cash position though as I am not alone in believing it is not quite as rosy as that.
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