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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: beio who wrote (619)5/26/1998 12:16:00 AM
From: Ga Bard  Read Replies (3) | Respond to of 4142
 
That is a mystery to everyone me included. That is why I think something else is coming because the testing is not the reason I can see for the dividend or the warrant reduction.

They could have sold the dividends to high profile investors, brokers, and institutions just on the Exxon release and made $600 - $1 M very quickly.

ALso the warrant reduction they are giving up $4.5M on the exercising price alone.

Just have to wait and see how things develop. Every news release here lately look deliberately staged to me.

Hey I could be wrong and have been before.

But would like to hear of a another view.

GB