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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (988)5/15/2001 9:30:38 AM
From: geoffb_si  Respond to of 4051
 
Claude:

"Let's drill it."

I agree. Let's get the targets defined and drill it...

Russ:

Yes, the stock structure stinks. Don't know if it's a sign of the times in these junior stocks or what. The PP says to me mgt just wanted to raise enough money to drill it and get it over with, rather than make the effort to do a series of tiered PP at successively higher amounts. I also don't like that mgt owns relatively little stock. I imagine there will be options assigned relatively soon to fix this "problem".

In spite of the poor stock structure, the merits of the property seem to speak volumes. And the majors appear to have been listening. Promotion is what we need leading up to the drill program. Let's hope mgt can earn their keep. Wonder what this stock would be trading at if Friedland had his hands on it??

Geoff