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


To: loantech who wrote (62228)11/18/2008 12:08:50 PM
From: marcos  Read Replies (1) | Respond to of 78408
 
It's trading under cash/sh right now, a good part of the cash is committed however ... from memory, usd250m cash and approx 220m shares out, can't recall opts/wts structure but almost all if not all of them are otm so it doesn't matter at this point ... i've got a whack of the A-wts, added big recently, but today the ratio is under six to one, so went for more common

Thanks to LC and others talking about Mercator, that's my next project for looking at ... also i think it was ork on another thread who mentioned drys.naz, an accountant involved in a small investment club here is quite interested in that, follows the $bdi closely, he wonders how they'll do with the new oil rigs though