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


To: Elizabeth Andrews who wrote (4132)5/11/2000 2:16:00 AM
From: russet  Read Replies (1) | Respond to of 4504
 
I think I would like to buy more of this stock at about a $1.00 less than it is now. Until then I will stay with my 1000 freebies :-))))) I have some stink bids in.



To: Elizabeth Andrews who wrote (4132)5/12/2000 2:20:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 4504
 
<<I think that a major will buy this company IF Manhattan can show that they have the town on side to move with a reasonable capital cost.>>

This make sense. But will not be true if they find something better than TG-1, which is certainly a possible.

<< If not, well they are spending shareholders money on the wrong things which is what I have said for some time>>

I disagree here. The anomalies are there and this is a VMS district. Any of them could be as good or better deposit than TG-1. Why not drill as many as possible?

They still have only 33M shares outstanding which is low for the metals discovered so far. And they should be able to get additional financings easily. This will dilute further, I agree, but given the size and potential of the district, I think shareholders will likely be winners on the long term.