Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: russwinter who wrote (1955)	8/28/2001 11:29:46 PM
From: baystock	Read Replies (1) \| Respond to of 4051

<RC can acquire $825K in stock at a price equal to the market price of the common shares from Oct.1-Oct.10, 2001. At a dime, that's 8.25 million shares, nearly 15% of the active float. > And at 2 cents per share they will get 40 million shares or 40% of the company !!

To: russwinter who wrote (1955)	8/29/2001 12:15:43 AM
From: gold$10k	Read Replies (1) \| Respond to of 4051

Russ, I appreciate the way you dig out the data to find the true value in this market, but on this one (GEO) I need to ask myself if the potential reward is worth the risk when there are so many other highly leveraged but much less risky alternatives available. After an aggravating experience with TVX in which I made a pile of money and then lost it, I have decided to steer clear of companies that must jump through some difficult hoop (make a payment, get a Greek mining permit, or keep their stock price above $1, whatever) to avoid bankruptcy or huge dilution. So I wish you well on this one, but I'm going to pass at any price. vt