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 : Consolidated Silver Tusk Mines Ltd. -- Ignore unavailable to you. Want to Upgrade?


To: pacman who wrote (1986)7/9/1999 9:21:00 AM
From: Brian MacDonald  Respond to of 2229
 
Best post from you so far pacman - and I agree with it all.

I always got the impression - right or wrong - that before management decided to issue a whole bunch of options, they would help to drive down the share price (usually with 'no news' or poorly worded PRs) and then issue these 'options' when the stock was at a low point based on the last 10 days of trading. Who knows, maybe once the stock rallied on news or the rumour of news, they were busy shorting the stock and locking in a handsome profit for the time when those 'options' could be exercised. They always talked like they had alot of shares - but at what 'Net Price'.

You mentioned earlier that the new team were headed back to the property this weekend. Weren't they over there before they invested the initial $US 1.5 Million? If the locals can make good money with a pick and shovel, we should have a very good mine with new mining techniques.

Let's HOPE that the new Board will succeed in creating the value that has been long overdue.

B.



To: pacman who wrote (1986)7/9/1999 9:51:00 PM
From: Ronald Russell  Read Replies (1) | Respond to of 2229
 
Pacman,
Thanks for the informative reply. I was curious to know why Sasges would have been on the ballot instead of Hawley if there was a conflict of interest as General Counsel. I assumed that there was some political strategy involved and this maneuver aroused my curiosity. I am delighted to see some new faces on the Board if they have our best interests at heart. I throw a ton of technical indicators at my charts, and I'm seeing some interesting patterns developing here. I'm thinking that the next few weeks are looking interesting. Onward and hopefully upward.--Ron