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Gold/Mining/Energy : Trailmobile Canada TMX (formerly MII)

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To: JOE TURMAINE who wrote (237)12/17/1998 12:10:00 PM
From: Wizzer  Read Replies (2) of 406
 
That's true Joe. I got lucky, but there was another reason that I put in a "tight" STOP LOSS near the going price. I mentioned it to you yesterday.

I am upset because I was almost certain we were all going to make money on this announcement! Didn't the CEO and CFO consider what their sale at 50 cents would do to the stock price? NO!! How can you sell controlling interest (54%) in a stock below the market price. I just don't get it, and I think people should complain about it.

I guess it still leaves room for a total merger. Sweet deal for Trail as Mond is becoming profitable. Hope this quarter's results go well, but this news release does not make me confident about it.

Best regards.
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