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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL -- Ignore unavailable to you. Want to Upgrade?

To: tiloup who wrote (1906)	5/15/1998 12:28:00 AM
From: Gary S	Respond to of 2635

Norman, <I do not understand the rationale for selling cheap if they intend on buying them back in the near future. If Miq pops they lose on every share they sell and buy back.> Not if the apparent box is being run in order to allow Kinross or somebody else to participate in a cheap private placement. They'd be able to buy back shares PLUS warrants at approximately the same price as they sold only shares. It's just a theory with no basis other than it's a LOT more plausible than the fund redemption or funeral expense <g> theories.