SI
SI
discoversearch

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 and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (57696)3/19/2008 1:29:51 AM
From: marcos  Read Replies (1) | Respond to of 78416
 
We never had crazy lending like that up here, you always had to demonstrate an ability to pay back a loan before they'd give it to you ... with people you know well you get a little fudging maybe, a tweaking of this rule or that, but it's only because you have the history and assets to back it up, plus they still need full documentation to cover their ass ... this has been my experience anyway, of course i'm always going for the absolute knockdown lowest rate possible, so have to toe the line ... heard a few stories of others doing 110% financing, but they had to lie to somebody somewhere, also they paid through the nose for it, and with the mildest cash flow crunch they go down

wgi.to - INK Research is showing Investec with 7m common and 3.75m warrants, no changes no trades ... of course they aren't required to file right away, so you don't know ... wgi/wgw has zero insider trading by anybody in the last twelve months, kind of unusual in that regard, all it showed last year was buys the year before by Oliphant ... do you know the exercise price and expiry for Investec's warrants? - if that rumour is true then the only way they can sell near 11m is to exercise them ... their selling would explain pressure on the stock, for sure

usa.v - i like this a lot too, better than wgi at the moment imho, set to outperform once PMs get back on track, if they can execute the way it appears they are so far ... just need silver to take us to that happy place, won't be too long now



To: loantech who wrote (57696)3/19/2008 7:42:15 PM
From: AuBug  Read Replies (1) | Respond to of 78416
 
Who did Peter Hodson suggest was WGW's prospective takeover target? Was it Metallic Ventures (MVG.v)? I think Romarco Minerals (R.v) with their Haile Mine startup in the South Carolina greenbelt would be a good target.