Winspear Resources Message Board

STOCKTALK

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 : Winspear Resources

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lilian Debray who wrote (17186)	3/30/1999 10:53:00 PM
From: russet	Read Replies (1) of 26850

Lilian, you have taken only two articles of several. The preferred shares are later exchanged for common. This B.S. is necessary to get around stupid Canadian tax rules. For each Winspear share you own now you will receive one Snap Lake Mine Winspear share and one eighth of a share of the new development company. Cash that Winspear now has in the bank will be divided amongst the two companies in some equitable way,...who cares how because the first thing the exploration company is likely to do is have a private placement to fill its coffers with money to explore the many properties Winspear has in the NWT. Snap Lake Winspear will then be free to fight Aber and raise money to mine the rich Snap Lake deposit. kidl assures me that Aber is about to lose more of Snap Lake, so you are about to be a proud owner of a greater share of the richest diamond mine in the world, and the same percentage of shares of an exploration company with mineral trains presumably leading to rich diamond bearing pipes to rival Ekati's and Aber's developments. russet, the great hype machine

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next