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Gold/Mining/Energy : Vulcan Minerals - C.VUL -- Ignore unavailable to you. Want to Upgrade?


To: Len Hynes who wrote (318)9/17/1999 8:03:00 AM
From: Buckey  Read Replies (1) | Respond to of 415
 
They will also only make the financiang attractive one of two ways -

1. a PP - they will want the share price low to attarct that investment

2. a jv - They give away some of the goods but no share dilution

This will not happen overnight as they will shop it around - In the interim - we can gamble that they got something and buy up the cheapies or we can sit and wait.

My gut tells me that they drill till they have enough data to make it saleable and then the suspend operations till they can sell this good data and get some cash and get back at it