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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (107576)3/8/2008 5:26:18 PM
From: Cheeky Kid  Read Replies (3) | Respond to of 312313
 
In my opinion, T/A is a scam, if it worked everyone would be rich. Where was the warnings about the major corrections?

I just watch how stocks trade and make my move. If my gut says the stock is over valued I dump it.

Lots of the stocks you buy and sell are based on good timing and luck. T/A in my opinion has little to do with it.

And about your 100 baggers, I doubt that we will see that, that's just hype.



To: SwampDogg who wrote (107576)3/10/2008 3:16:54 PM
From: Veteran98  Read Replies (1) | Respond to of 312313
 
Osisko Exploration arranges $20-million debt financing

2008-03-10 12:38 MT - News Release

Mr. John Burzynski reports

OSISKO SIGNS $20 MILLION UNSECURED DEBT FINANCING

Osisko Exploration Ltd. has entered into an agreement with Solidarity Fund QFL to obtain a $20-million unsecured debt financing for a seven-year term. The debt will carry 9.5-per-cent interest, payable in shares or cash prior to commercial production, and in cash thereafter. Principal will be repaid in a minimum of 48 equal instalments commencing the earlier of commercial production or 36 months from closing.

The company will also grant the fund 1.1 million warrants exercisable within 60 months at a price of $7.46. The company may accelerate the exercise of warrants if Osisko's shares trade at a significant premium to the exercise price during the term of the warrants.

The transaction is subject to the completion of due diligence and customary documentation, and is expected to close prior to the end of the first quarter of 2008.

Sean Roosen, president and chief executive officer of Osisko, commented: "We are very pleased with the fund's financial participation in the Canadian Malartic project. It is a strong vote of confidence on their part in the viability of our project."

Gaetan Morin, executive vice-president, investments, of the fund, commented: "The Solidarity Fund QFL is proud to support Osisko in the development of the Canadian Malartic gold project located in Abitibi. Our investment will allow Osisko to acquire some equipment necessary for a mine start-up in late 2010, which will create up to 400 jobs in the region. This world-class project will contribute significantly to the Abitibi economy and demonstrates the strong mineral potential of Quebec."