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Gold/Mining/Energy : War Eagle Mining...[WEM:VSE] -- Ignore unavailable to you. Want to Upgrade?


To: Robert Voigt who wrote (69)3/19/1998 9:55:00 PM
From: Niederhoffer  Read Replies (1) | Respond to of 235
 
They are still issuing share options into the distant future (according to March 15th filings), though at $0.27, so that must be something. Tim Brock is juggling shares as well, according to insider trading disclosures. With relatively recent acquisitions in Mexico I suspect there will be activity once insider accumulation has completed. I have heard that management will probably make one more kick at the cat before Tim retires. I personally wouldn't expect anything substantial to develop within the next six to eight months.

Does anyone know the company's financial position at the moment, ie. cash in the kitty, shares held, etc.?