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

To: charred who wrote (3865)	12/29/1999 1:10:00 AM
From: Sailfish	Read Replies (1) \| Respond to of 4504

Hi charred... >The 27.5 million was placed with no assurances about the town. I have to disagree with you here, charred...The short length of time it took to arrange this substantial financing and also the fact that it was immediately oversubscribed leads me to believe that some assurances were indeed out there... >If there was, Manhattan would have been taken over. I agree with you on this one...But who is to say that such negotiations are not either currently underway or shortly could be so...?? Which will come first..?? An agreement or a takeover..?? A takeover move could indicate that an agreement has been arranged and the stock will take off...An agreement announcement happening first will also see the stock take off...Personally, I would prefer the latter... The TG-1 Oxide Cap Au/Ag deposit was a bonus to the company and it is still open to the north...How far, is anyone's guess right now...As such, the company finds itself in a more comfortable position and can afford to be generous to the townspeople of Tambo Grande in their negotiations with them and well they should... However, Manhattan's time line is getting shorter very quickly...One has to know that while those 6? drills are turning, negotiations are getting down to the short strokes... Regards....Ray