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 : NORTHGATE EXPL (NGX.TO) -- Ignore unavailable to you. Want to Upgrade?

To: tyc:> who wrote (58)	6/23/2002 11:55:02 AM
From: E. Charters	Read Replies (2) \| Respond to of 158

1. Assuring debt repayment 2. Financing There is a huge difference. Of course. On one hand there is paying the money back and on the other hand there is getting the money that you have to pay back. We can see that they are worlds apart. Sorry for the egregious error. How silly of me not to see this. Forget the term "gold loan". That was in the dark ages. So from Tinker to Evers to Chance, if the Bullion bank failed to get its money from its parties, and the CB's are forced by the governments NOT to accept shares as we see Germany and England's CB's doing, what happens? Do you think the government/CB will accept the Bullion Bank's shares when the gold is not forthcoming? Are Northgate's shares not attachable? Are you saying that Northgate got its money completely unsecured? The Bullion Bank would do this? You saw the terms of the deal in toto? EC<:-}