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 : Minera Andes, MAI on Alberta -- Ignore unavailable to you. Want to Upgrade?


To: Fred C. Dobbs who wrote (237)2/23/2000 6:11:00 PM
From: Just Wayne  Read Replies (1) | Respond to of 340
 
I'm a bit disappointed that they had to raise cash last month when the stock was trading at 20 cents. A huge number of added shares with an equal number of warrants. I guess it's no big deal if they find a mine but if they don't, there will be a flood of shares knocking the price back to 20 cents or less before you can blink.
Todays action is probably a good reflection of how people perceive the future likelihood of success, i.e. 50% as good as they viewed it yesterday.
My opinions only of course.

Wayne