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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?

To: Quickdraw who wrote (8640)2/13/1998 12:50:00 PM
From: Enigma  Read Replies (1) | Respond to of 14627
 
I'm not sure that one can speculate why someone is selling - they just may need the money - for whatever reason. I expect the people exercising the warrants will have their financing in place, or else they may just exercise and sell into the market. Who knows, really? By selling they trigger capital gains, unless a) they don't declare same, or b) are resident in some tax haven?




To: Quickdraw who wrote (8640)2/13/1998 1:12:00 PM
From: Quinn  Read Replies (1) | Respond to of 14627
 
You are correct about these being the last purchase warrants in the hands of the old guard.



To: Quickdraw who wrote (8640)2/13/1998 1:34:00 PM
From: Bill Jackson  Read Replies (1) | Respond to of 14627
 
Rick, No cash needed to exercise warrants as they can use margin in hand to buy and then only sell if they have to.
Perhaps they fear that selling will drop the price too low and they will get forced out, so they sell now??
well I am hoarding my funds for a buy time late feb/early Mar.

Bill


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