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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (24247)11/3/2006 11:09:44 AM
From: marcos  Read Replies (1) | Respond to of 78407
 
trr.v - yes i think stan is a little hard on them there, he's talking about a three-bagger from here anyway, such troubles are not all that difficult to take -g- ... warrants at double and triple the placement price, that gives them a nice target ... i've raised Terex well above the lottery ticket fraction of pf, was nibbling back in on it already and then when they said 'winter drill camp', got some more ... there being an excellent chance here of a speckie run to new highs, and you never know, they could hit big

Chart says all systems go - stockcharts.com



To: E. Charters who wrote (24247)11/3/2006 2:03:45 PM
From: stan_hughes  Read Replies (2) | Respond to of 78407
 
Mineral Fields is a marketing middleman that sells F/T units to yuppies that don't understand what they're buying.

My gripe with the involvement of a marketer here is that whenever a middleman is involved in any business transaction, there is a divot being taken out by that middleman from one side or the other, or both -- in this case it's the investor and the issuer, who by definition must be getting less out of the deal than they otherwise might due to the presence of a third party at the trough.

And unlike a cash finder's fee that is over and done with on payout, this type of piggie at the trough gets to maintain continued control over the entire block of shares. And given a big enough block, market control eventually falls to the piggie, who can then manipulate the share price and terms of future financings in their own favor, e.g. by depressing (or threatening to depress) the share price. You don't need me to remind you that the investment houses have built small empires on the backs of juniors doing exactly that.

As for your pondering that TRR may have had to make this deal because they "needed" the money, I say BS to that notion -- hell, this $1.5MM in new money is chump change, and only a fraction of their previous issue -- I would have taken up 10% or more of these units myself if I'd been asked