Maracote International Resources (VSE: MCE) Message Board

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Gold/Mining/Energy : Maracote International Resources (VSE: MCE)

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To: brian krause who wrote (276)	4/11/1999 2:56:00 PM
From: charred	Read Replies (1) of 339

To all, I'm new to this thread. The property looks great. I have been following this stock for some time. I haven't bought the stock because the property deal is very expensive. 10 million Canadian for 65%. The money has to be spent by July 2000. With the stock trading .33 cents, with about 1 million spent on exploration and 9 million more to be spent over the next 15 months, the company will have to soon issue shares at a low price. The dilution is what scares me. Has anyone talked to management about this? If so what was their response. cheers

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