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Gold/Mining/Energy : Northrich Pacific Ventures NPA:V -- Ignore unavailable to you. Want to Upgrade?


To: john mcknight who wrote (7124)3/14/1998 4:45:00 PM
From: Anthenius  Respond to of 7431
 
Thanks for your information John. You really are a digger and determined to get to the bottom of this. Just when I was ready to close the coffin on this dog you gave us a glimmer of hope. I don't hold many shares but I know a lot of people here are in for 10's of thousands. Maybe there is a possibility after all for a summer drilling program. Hang in there guys, some how I think in the long run we will all get our money back. Better late than never.
Cheers
Anthenius



To: john mcknight who wrote (7124)3/16/1998 2:46:00 AM
From: Carl  Read Replies (2) | Respond to of 7431
 
I talked with Arshad recently - I concluded that purpose of the roll-back is to support a private placement for funds to operate the company when trading begins - of course trading has to begin first. I believe that insiders will give themselves new options, etc, and NPA will pay little attention to existing properties - rather that they will look for other opportunities. Arshad said that he was looking at the San Nicholas (WTC) play in Mexico - and others. So if trading ever begins again there will not be many buyers - and it will be years at best before will be worth anything. Keep in mind that Arshad has a number of other companies and NPA will not likely be a priority. I'm a seller when any trading starts - have a large position - just need to cover selling cost and assemble documents for the tax write-off.