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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?


To: onepath who wrote (7579)1/11/2010 11:18:28 PM
From: marcos  Read Replies (2) | Respond to of 8273
 
trx.v - G holds 240m of those preferreds, which are convertible 1-for-1 to common if/when they don't take project equity, which they aren't going to do now, so doesn't that give them closer to 66% of the whole? ... i must confess, i've never felt completely clear on all this, always wondered how many people passed on the company after failing to understand exactly who would end up with what

Fwiw, i already sold a bit of trx bought friday, needed cash to add ktn.v which looks primed ... imho your thinking on Terrane sounds reasonable - iii.to, yes i thought of them, they're a favourite of teevee's here, check upthread ... ultimately trx is a good bet, and i'll have it on pretty close watch

Good to see you here paisano [provinciano? - lol] ... btw, i started a thread for gqc.v, you're the only SIer i know who's been to the DR recently - Subject 57923