Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Westmin Resources(T.WMI) -- Ignore unavailable to you. Want to Upgrade?

To: HAZ who wrote (53)	1/2/1998 1:02:00 PM
From: Bill Jackson	Read Replies (1) \| Respond to of 63

Haz, Boliden thought to take advantage of a weak time in the juniors. Now that not enough shares have been tendered, and there are 6 other suitors the final ante may be better. Those who fir better will pay higher. Hopefully you will get shares in a major instead of cash(unless you want the cash) That way the major would go up, and you pay no taxes until you sell the major. If you take a boliden cash offer it attracts 1998 taxable income. It depends on your personal agenda, however I suspect you might get somewhere between $8 and $10 after the bidding ceases. There is a huge amount of values in the Westmin properties, and the others will not let boliden steal it. Bill