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Gold/Mining/Energy : Paramount Ventures & Finance -- Ignore unavailable to you. Want to Upgrade?


To: Yorikke who wrote (754)5/9/1998 10:47:00 PM
From: Diamond Daze  Read Replies (1) | Respond to of 4884
 
<<We have some that are interested right? >>
How would I know the true answer to this question ???
If that ain't speculation than what is it wise one ????
I certainly have not seen ANY volume jumps have you ?????
<< just can not see a major institution coming in without some guarantees on price.>>
Why not it happens every day. Why would the company do that , they do
have an obligation to the share holders...the company has grown...we
have excellent property's and are 4 years ahead of when we started
on the Argentine property's.
<<Well if you think you are going to need money in the future the warrant exersize could be a real cash cow. NO?>>
We already have that in play with Eagle Partners. Those options were extended which would then put or shares up to 33 million and another 10 million in the bank .
<<How much would a diamond play cost. How long would a diamond play take? Well look at Ashton. Seems to be expensive. Seems to take a long time.... what it you multiplied that by two? >>
What if you divided it by two ??? What if they start drilling in Wawa and hit on their initial targets ?? What about a 2.5 million cash flow if they hit on the well ??? How much money we going to have if deals are about done in Argentina......they usually ask for moneys spent in
development back....so any of these could boost our treasury back to 20 million fairly easy right ????
But none of them are done yet... and there is no increase in volume or price....if the price went to $2.50 you can bet your ass Eagle would take their options....Cheers