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


To: TrueScouse who wrote (2420)9/29/2001 9:05:57 AM
From: russwinter  Read Replies (1) | Respond to of 4051
 
GEO's stock doesn't act like it, but does this have the smell of a deal?
biz.yahoo.com

From th IR: "Haywood Securities Inc., is assisting with this restructuring as well as examining all other alternatives to further enhance shareholder value."

Now that would be a novel concept! Did they read my e mail?
Message 16312499

Observations:
Date extension to 10/18 would seem to reflect the need to accurately see the results of the leach pad adjustment?

RC appears to be deferring the B warrants as well?

I'm guessing that a merger or partnership to recapitalize the company is in the works. It has to be worth more than the enterprise value at 10 cents (US$ 3.5 mkt cap + 7.0 neg. WC and debt= US$10.5). The question is how much for the RC haircut?
Message 16271845