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Gold/Mining/Energy : Prospex Mining Inc. PRM.VSE (formerly Akiko Gold Corp) -- Ignore unavailable to you. Want to Upgrade?


To: Harold Lehman who wrote (24)6/4/1998 3:48:00 AM
From: Bear  Read Replies (1) | Respond to of 30
 
Will wonders never cease? A market guru named Elliot Pearson who writes "Money Fever" out of Phoenix is recommending this stock. He
writes this incomprehensible statement to support his recommendation:
"And on April 7, the corporation announced that Korea Zinc Co. agreed
to sell 2,397,500 shares and warrants to an investor group headed by Prospex management. Korea Zinc Co. had already sold about 300,000
shares to the group. No price was mentioned, but this amounts to about 11% of the outstanding Proxpex shares." Can someone explain this to me? Thank you.

Bear