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Gold/Mining/Energy : South Atlantic Resources -- Ignore unavailable to you. Want to Upgrade?


To: Gunnar who wrote (213)10/3/2000 6:24:50 PM
From: Gunnar  Read Replies (1) | Respond to of 225
 
Have been writing at Stockhouse.com lately. There seems to be some trouble there today, so:

I like the situation we got more and more: Somebody seemed to be trying to send a signal by putting up some 200 000 shares for sale at .40. After some hours there was another signal, 200 000 on the asking side at .30.

We all know that Boliden is for sale, but is it a must to buy the whole CO, or limiting the deal to the shares they own in NAN? Remember it was a long time since we got an update about the drilling around Storliden...

If the drilling around Björkdal has been successful the relative price of buying the concentrator and all the permits of the bankruptcy Terra Mining is lower. That means free hands to do any deal in the future, lessening the dependence of any elephant around. The concentrator may be rebuilt for Storliden or used for local purpose - and winning some calm to make a nice deal about Finland after the first drilling campagne is over.

Nice,this season.

Regards,
Gunnar