SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Nuinsco Resources (NWI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rocket Red who wrote (544)1/29/1999 8:27:00 PM
From: Brumell  Read Replies (5) of 5821
 
Red, I doubt if First Marathon has it placed yet.

<< First Marathon may request that up to 1,250,000 of the special warrants be issued as flow-through special warrants >>

Tax advantages would apply to high-income Canadians, not foreigners.

As previously stated, this whole deal sounds a bit rushed - like something else fell through. Suspect we'll all hear more over weekend and next week.

As tomcat has posted, however, I'd expect market to drift lower for NWI. Who wants to pay full retail when others are getting such a big break. And don't forget, each special warrant holder gets one share << subject to increase to 1.09 shares if a receipt in respect of the prospectus qualifying the underlying shares is not obtained on or before the 120th day after the closing of the offering.>> In other words, they could get their shares for $1.81 under these circumstances.

We have a few things to consider this weekend.

B....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News