KOB.TO - East Lost Hills & GSJB joint venture Message Board

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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: okey who wrote (2670)	5/21/1999 1:39:00 PM
From: grayhairs	Read Replies (1) of 15703

Hi okey, <<I wonder what it would've taken to include all Canadian jurisdictions in this offering.>> I suspect KOB would have had to become a "Reporting Issuer" in the other jurisdictions. <<I would imagine that half of the outstanding shares are held in excluded jurisdictions, resulting in less money raised. .....>> Oh don't kid yourself, okey. They'll raise the maximum amount possible per the offering, to the penny !!! The insiders will backstop and take down all that is not "eligible". So, what looks like a great deal to the shareholders is actually one terrific F'n deal for the insiders !!! And, on top of it, they come out looking like "good guys". Have a great day. Later, grayhairs

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