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Gold/Mining/Energy : Bearcat (BEA-C) & Stampede (STF-C) -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (2066)7/15/2000 11:30:03 PM
From: Tommy D  Read Replies (1) | Respond to of 2306
 
The information I got seems to indicate a private placement that will sell 20% of the play. I am excited but disappointed in the sense that I would have appreciated a chance to buy in without the dilution that occurs. However,I suppose they need the money quickly so no time for warrants to existing shareholders. Bob, its ironic that both of the plays you (and I) are in, BKP and STF/BEA bring out a private placement on the same day.

Interesting to see what Monday brings.

Regards
TommyD



To: Bearcatbob who wrote (2066)7/16/2000 3:42:56 AM
From: Dale Schwartzenhauer  Respond to of 2306
 
Bob: I would be hopeful that it works out that way. However, it seems that everything heats up and cools off simultaneously (gold, oil, etc.). I'd like to make a pile in the oil patch and transform that into a small hoard of precious metal shares and bullion coins. But I have a feeling that gold will move higher soon, as will CWQ/BEA/STF & BKP. So the ability to move from one issue or play to another is somewhat limited. It's a worthwhile pursuit if you can do it, but in my experience, you frequently end up being too early getting out and/or too early or late getting in.

Dale