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Gold/Mining/Energy : United Keno Hill, UKH, Toronto**** Opportunity Knocks! -- Ignore unavailable to you. Want to Upgrade?

To: Alan Whirlwind who wrote (1188)	9/29/1999 12:11:00 PM
From: seeker1	Read Replies (1) \| Respond to of 1348

Allan Give me a break. Forget the momentum BS. What fundamental reasons particular to our company would give us hope that we are not going to get diluted to the neverlands upon the conversion of outstanding short and long term debt? Why would I buy this stock at +-.10 knowing that approximately $5Million of debt will be converted, adding an additional 50M shares to an already bloated issue of 35M. What is 85M shares worth in this company? Probably $1-$2 at this stage? Maybe? Still not a bad position, but unfortunately those of us who have hung around for so long aren't going to see the fruits. As sure as night follows day, there will be a consolidation of the stock to position the all important new money. While there may be a short term momentum play on the backs of the uninformed up to maybe +-.20 is it really worth the risk? Your thoughts would be greatly appreciated.