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Microcap & Penny Stocks : Dominion Bridge Corp. (DBCO) -- Ignore unavailable to you. Want to Upgrade?


To: MARK BARGER who wrote (421)2/11/1998 9:18:00 PM
From: Chien Li  Respond to of 535
 
Yoy're right. Thanks for the correction. It has been a good tactic by the ECGOF folks to focus the argument on $2-$2.25 per share, so DBCO shareholders would be elated if the price turns out to be $3. The real question, from a DBCO shareholder stands point, is if $3 is acceptable. If the Financial Post news is correct, 10% DBCO shareholders voting no would kill the deal. I hope that won't happen.

Chien Li



To: MARK BARGER who wrote (421)2/11/1998 9:38:00 PM
From: Duncan  Read Replies (1) | Respond to of 535
 
First to Chien Li:

I didn't mean to imply that you're involved in a conspiracy with FP, etc...just wanted to say that I am truly amazed you found the article when no one else could...and I too went to the FP site. Again, my apoligies. You certainly add to this board in a substantive way. Thanks.

<<Mark
P.S. Funny how DBCO management picked today to release these figures.
They're obviously trying to put the screws to ECGOF. >>

Mark, part of the normal due diligence process would have been for ECO to review each subs financials, site visits, etc. Today's press release is not news to ECO, but it may be posturing by DBCO to gain the strength of shareholders....if ECO's offer is on the low side.

As for a 90% shareholder approval in this deal, I'd be very surprised. 2/3 yes...90% questionable. I hope I'm the FP report was incorrect...for ECO's sake...I'm obviously long ECO...but have been playing DBCO on the side.

Duncan