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

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To: Alex Harrington who wrote (607)10/26/1998 6:28:00 PM
From: tango  Read Replies (1) of 784
 
its interesting that volume is moving up over the last week , after going days without trading recently. I still think that this company's success has little to do with uranium and all to do with kaz. If they don't settle, i am not sure they will survive and it appears the market thinks the same. I don't know how they plan on raising cash with a .07 stock without diluting the s*%t out of this thing and i doubt Dundee will bail them out AGAIN or they would have come in already.

The beauty of this is that the firm has lent cash to management to pick up lots of stock at what were cheap prices. the catch is if the company pulls through and rises from the ashes they all have 5 years to pay for the stuff interest free and the stock will move well beyond .29. If the company dies they don't have to pay for it! I wouldn't mind some of that action.Such are the perks when you're responsible for driving a company into the ground. If they can pull this off they are heroes and deserve every nickel, so far they haven't shown such capability.

-long and suffering
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