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Gold/Mining/Energy : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?


To: Not_Active who wrote (3040)7/11/1999 5:26:00 PM
From: Jeff Dickson  Respond to of 4504
 
Seems like we are having a conversation for the benefit of some third party! :o)

Ya, that's why I wear the tinfoil on my head. Those space monkeys aren't getting any of my secrets!

Haven't traded for a while, as you know I had something to start, er, finish up. Was pretty painful watching the market go without me.

I agree that in some cases a financing can be nondilutive in the valuation sense, if the money is reinvested in a positive way. I guess people are really starting to catch on to the all the stock options that are being tossed out.

Of course, if Manhattan issues 1 million shares at $3 people can call that dilutive. But if they spend that money on drilling that turn up $1 billion in the ground, then they are doing pretty good. If they turn up uneconomic stuff, well then it's another matter.

My problem with the trades to $8 is that they didn't look that sophisticated. Gapped up with a market order and didn't look much better all that Friday.

Ah well, we are probably boring the space monkeys now... I'll send you some email tonight.