Thermal Control Technologies Corp TCT (was Redux Energy) Message Board

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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)

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To: mike wood who wrote (619)	1/31/1999 9:51:00 PM
From: Edward W. Richmond	Read Replies (2) of 1208

No, Mike, if TCT's price moves up smartly, I won't be left out in the cold. I already have a substantial position in the company. If I were confident of the financing, which I am not, at these prices, I would be a very aggressive buyer in the five accounts for which I have trading authorization. TCT is a great story. They have made, in my opinion, some solid decisions such as building in Prescott. However, getting into the financial mess we now find themselves is pretty scary. They have to get the fat out of the fire SOON. My prediction is that there will be no financing in place by February 8th and the deadline will be extended. Mike, I'm not prepared to sell at this price, but neither am I prepared to underestimate what as I see as a major overhanging problem for this company. Once the financing is closed, I believe we are off to the races. Regards, Ed

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