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 : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: John Soileau who wrote (93732)	2/23/2003 9:58:27 PM
From: long-gone	Respond to of 116741

<<the only difference is ours is more expensive and a bit better. >> Here you can get anything you can afford.

To: John Soileau who wrote (93732)	2/25/2003 12:42:24 PM
From: IngotWeTrust	Read Replies (2) \| Respond to of 116741

LTCM and blownup Ashanti (plus Cambior) workout continues...what's it been 5-6 years now? >>Ashanti Goldfields is planning a rights issue to raise approximately US$80M in order further to stabilise its balance sheet, while Coeur d'Alene Mines Corp is placing US$37.2M of 9.0% Senior Convertible Notes. These funds will be used to retire the majority of the company's 6.375% convertible debentures and will provide working capital for general corporate purposes.<< Commentary... in this day of wild guesses as to when the "Gata Splatta" bunch get their fervent desire of seeing massive hedgebook blowups, I continue to think it useful to remind folks on this thread (you happened to be an admired one) of the "WORK OUT" offered to the previous hedger blow-ups mentioned above. Here it is 6-ish years later and the workout is still "working out" and now looks like "rights issuance" Bet those 9% Notes look interesting to folks getting thrashed for the 3rd year in a row in the Dow.... gold & platinum_tutor