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

To: goldsheet who wrote (5086)5/14/2002 2:38:36 PM
From: Claude Cormier  Read Replies (2) | Respond to of 8010
 
Ain't that good!

"The proposed transaction consists of a private placement agreement to issue $21.5 million principal amount of new 13-3/8% Convertible Senior Subordinated Notes due December 31, 2003 for proceeds of $16.0 million."

Furthermore, I do not see sufficient cash flows coming from their mines to face the reality that is coming at them in the next 2-3 years.


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