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 : Microforum (MCF:TSE)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jazzss who wrote (2079)5/13/1999 12:58:00 PM
From: Gordon Gekko  Read Replies (1) of 3896
 
It is fairly obvious that you don't comprehend the equity markets. Exposure for future equity. Plain and simple.

Have you examined the structure of the private placement? Major dilution. These type of deals are exactly how Bid wound up with 50M outstanding shares and the same scenario is repeating itself with MCF. Yorkton is to blame for this.

I wouldn't say that MCF is vastly undervalued. It is undervalued, but not to the level that you cite. They have a significantly larger outstanding share base and quite frankly Canadian companies are not worth the same as their American counterparts.

You have shown a lot of hostility in comparison to my very simple question that I first asked.

I think that MCF will prevail in the long run, but the short-term worth is negligible.

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