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Gold/Mining/Energy : Carbite Golf Inc. Vancouver-CAB

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To: eyewatch who wrote (144)3/24/1999 10:12:00 PM
From: David Michaud   of 209
 
I don't believe the warrant' stock will be flooding the market.

Remember CAB's last run to $1.07 ?

From there on, the sellers were CAB's private placees selling stock at $1 to raise cash to exercise warrants at $0.55 ...

That's why I believe they will hold now.

Hang in there.

DM
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