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Gold/Mining/Energy : Breakwater Resources (T.BWR) -- Ignore unavailable to you. Want to Upgrade?

To: Harry K who wrote (872)	11/16/2001 12:33:00 PM
From: Tommy	Respond to of 962

Harry, What about the large option that Dundee has to purchase a significant amount of stock at C$.20? Doesn't that dictate the actual value of the stock price and also act as a hammer over this stock? There is the potential for a large amount of dilution. Of course dilution is better than liquidation or bankruptcy, I guess. I have faith that the management of this company will do everything in its power to make it work. I just worry about the negative effects of the large essentially private placement. Thanks Teb