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Gold/Mining/Energy : CFV - Camphor Ventures -- Ignore unavailable to you. Want to Upgrade?


To: Al Krasberg who wrote (147)11/23/1997 4:07:00 PM
From: skelly  Respond to of 407
 
AL:
I hope your info is correct. You will recall that mgmt of cfv drastically reduced option prices .On friday mpv announced that the bc security comm accepted mpv options that had previously been granted at $5.83 at $5.83. which is above the current value of mpv.
The point i'm trying to make is that mpv mgmt did not try to take advantage of the situation like the mgmt of cfv.
IMO the sooner cfv mgmt is history the better.



To: Al Krasberg who wrote (147)11/23/1997 4:35:00 PM
From: paul centis  Read Replies (1) | Respond to of 407
 
Al, if you wish to see who is involved with "Velvet Explorations", I have found their website.-----> www.velvetvlv.com
It seems that current mangement is looking for an excuse to issue themselves more cheap options. They may try to justify this with a property aquisition. How much money does Camphor have left in it's treasury? How many shares will be issued on a fully diluted basis when all is said and done.



To: Al Krasberg who wrote (147)11/23/1997 5:33:00 PM
From: Gabriela Neri  Respond to of 407
 
Al---My thoughts were exaxtly the same. When I read the news I thought they are attempting to use the cash in some type of related party transaction, essentially using cash which is not theirs , but which they can control, for their benefit. It would be interesting to know if management has a stake in this oil business. Appreciate the information. Who is paying for the attorneys and expenses of this operation?