To: StaggerLee who wrote (3806 ) 6/29/1998 10:37:00 AM From: Handshake™ Respond to
Sl, good post. Sounds to me the ball in Les and Ian's court. Maybe the large holders should deposit their stock back into their brokerage accounts. Obviously, having them registered does nothing but to aid them in their brother in law. Technically why would they want to see a run up before August. Thats the date they could benefit from. Fundamentally, why would they care about a short squeeze, or shares registered, or share buy back,etc. If they have the goods they would just assume let the price find its own equilibrium. You're right all of your suggestions are very simple, and honest, and straightforward, and does not put them (in the eyes of the SEC) in a situation where they are using fraud and deceit...if all is true of course!!! Technically they could be front running, they also could be allowing all of their "bed fellows" into the stock dirt cheap,etc. My arm chair quarterback call is to disclose (because shareholders are due this info) what is in Santiago (here are our plans, we will spend xxx number of dollars, we will need xxx type of equipment, etc., that if any negoiations are occurring with the new Dayton board with regards to the lawsuits/Andacollo, this should be disclosed. If any is occurring I'm surprised they haven't issued a statement, it would make them look good and ease their shareholder dissention. Andddd in regards to issuing financials and full reporting, this should be updated. Exactly what is in the way of issuing financials, and becoming OTC listed?. What are the plans?. It is time these get discussed out in the open. Holding back information only reeks of fraud and deception, and under the table deals.
