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Gold/Mining/Energy : Northern Crown Mines (NCW-V) -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (339)	3/13/2000 5:43:00 PM
From: David Carlson	Read Replies (1) \| Respond to of 349

Any comments on this? Here is what NCW has done: 1) Converted management's debt to shares on March 2 valuing the shares at $0.07/share 2) Issued 675,000 options on March 9 at $0.10; and 3) Issued a press release on 13 March about a change of business. (and converted more debt to shares at under $0.06/share. Over the same period, the price has gone from $0.10 to $0.32 (high of $0.38 today). By my calculation, management has made about $1.5 million so far in less than two weeks.