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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (2739)	8/12/2002 7:10:53 PM
From: Peach	Read Replies (1) \| Respond to of 8273

Thank you, EC. Sorry, I do not qualify.

To: E. Charters who wrote (2739)	8/12/2002 8:39:54 PM
From: ralfph	Read Replies (1) \| Respond to of 8273

PP range $150,000 nawwwwwwwww. I have been in on a couple of PP. Perhaps someone was kind enough to piggyback me or some such because I got em for alot less than that.Less than 5% matter of fact. Got through all the paper work with little fuss as well. All it took to get em was afew hours of telephone tag . Never been turned down yet . regards ralfph Marcos I picked up CAE a day early at 7.95. As usual I paper traded it better than I did the real trade. Thats what makes this so much fun...its soooo absurd.<ggg>

To: E. Charters who wrote (2739)	8/12/2002 10:16:28 PM
From: marcos	Respond to of 8273

Private deals can work great if a person can swing it, most of what i do is entirely private, one or two partners sometimes in a little JV, often just me myself and i, which cuts the size of what is possible, but makes life so simple .... in mining the great majority of us are retail players, we can look up quite anonymously the public information on a company, get clarification on detail from the company by a variety of means, then trade the share quite instantly and anonymously .... for twenty-nine loonies minimum you can be in or out in a flash, no lawyer's or accountant's charges for looking into the corporate setup, no geologist hired to check out the claim [for half a million loonies, should i win the lottery despite failure to buy a ticket, i'd send in my own expert, since it's a business in which i can't apply knowledge acquired in other industries] ..... really for me it is not about mining, it is about share speculation, and liquidity is an asset giving you options in the course of it ralfph is quite correct, you can get in on placements with a few thousand loonies, not many at all .... thing is though, you're in the 'friends and family' category there, and there is a limit on the number of friends and family shareholders they'll let go by .... got to remember that the system is set up to bring in business for the brokerages, and the wet coast ho'houses first ..... also, the cheap kind of private company to run has a limit on the number of total shareholders, i forget what this is .... check out the long form prospectus for Barker bml.v - in their IPO they were consolidating three companies which were set up originally to get around this restriction A good lawyer is a joy indeed ... there are tricks to setting up without giving all your nut to fat guys at fancy desks