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 : Aurora Platinum Corp, ARP -- Ignore unavailable to you. Want to Upgrade?


To: Brumell who wrote (48)1/9/2001 8:08:06 PM
From: jpthoma1  Read Replies (1) | Respond to of 157
 
This is from the June 14 Press release:

Within the three year option period, Falconbridge will have the right to purchase by way of private placement up to 500,000 shares of Golden Sitka at a price equal to the closing price for the 10 trading days prior to Falconbridge's notice to purchase the shares.

So we are talking of trading days and closes.

But I still think it's too expensive.

JP



To: Brumell who wrote (48)1/9/2001 8:49:22 PM
From: 1st.mate  Read Replies (1) | Respond to of 157
 
If my theory is right we will need the next 3 days to have an average close of $4.48. If I were to be looking for more here I would loke in the $4.50 range as we will need one low day. Ofcourse the $6.00 is just a guess and they will be looking to go as low as possible. So if this is the game the paper coming out here is a gift????

We shall see!

Imput from all welcome!

OT. I was asked by a friend today what I thought the top end of another stock was. My TA is saying $9.00...But it will take longer than 3 days. Sooo if you are jumping here ,do it at something less!!!
Matey