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


To: Donald Lickman who wrote (115)2/11/1998 5:24:00 PM
From: Gunnar  Read Replies (1) | Respond to of 332
 
"My only concern is the dilution factor to fund ongoing explo-ration."
I think Lundin agrees with you. Now he waits for an opportunity to make a cheap bid on RSO and let Sands run the affairs. Maybe he takes GUR at the same time? He needs cash-flow to finance the big deals through Sands.

Regards Marten