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Gold/Mining/Energy : WWS.T World Wide Minerals -- Ignore unavailable to you. Want to Upgrade?


To: traacs who wrote (421)4/24/1998 8:05:00 AM
From: tango  Respond to of 784
 
Good job! you sure know your way around the web!

A deal must have been cut as WWS had a legally binding contract on the asset so gov't did the deal last week to get things moving.
My thoughts:
obviously it is not a cash settlement as they needed at least 60m to finance operations, thus wouldn't have come up with cash for payout.

how would they have a 130m payout so fast?(late 1998)
how long will wws wait to make an announcement or is the deal not complete? CEO back in toronto so would he come back without the deal?

Interesting the uranium deal was signed the same week CEO was in the country! I would say a deal is on the way.



To: traacs who wrote (421)4/24/1998 8:20:00 AM
From: Ray Emery  Read Replies (1) | Respond to of 784
 
Klaas,

From the info that you presented, I do believe that a settlement is imminent. I would like to see something today, but I wouldn't be surprised if it wasn't announced for a while yet. I only say that because of the past history of expected NR's and the reality.

I do believe that when it does happen that people will take a real close look at WWS and find other value there that is more than the actual value of the cash settlement. I think we will see a substantial rise in price.

I'll step out on a limb and predict that when the settlement is announced that we will see a price above $1.00 within 3 days.

What do you think?

Thoughts from other regular contributors?

Ray



To: traacs who wrote (421)4/25/1998 6:20:00 AM
From: Bearcatbob  Read Replies (1) | Respond to of 784
 
I( guess the question is how funny the money involved in the settlement will be ie considerations over time or cold hard $.

It seems to me that if the settlement was to be in cold hare cash the stock price would be higher. I always believe that the smart money knows more than we do and in effect sets the price.

Bob