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Gold/Mining/Energy : Red Sea Oil Corporation (RSO) -- Ignore unavailable to you. Want to Upgrade?


To: Tomas who wrote (28)11/29/1997 1:41:00 AM
From: Gord  Read Replies (3) | Respond to of 332
 
just a question???

Why would anybody exercise theese rights at $1.25
when they can buy on the open market at $1.10
It must make sense to somebody, so spill the beans....what am I missing

Thanks.....Gord.



To: Tomas who wrote (28)12/3/1997 8:10:00 PM
From: Timelord  Respond to of 332
 
Tomas: Looks like we got our volume/price surge we kept looking for <VBG>. Now lets hope the oil tests commercial!! I was preparing to trim my position in anticipation of bad news, but it appears that procrastination does have some redeeming value... Now, to hold or not to hold???

Alex