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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: Jon Matz who wrote (7673)7/6/1998 10:55:00 AM
From: Claude Cormier  Respond to of 34075
 
<< Perhaps I'm clueless, but I believe that most institutional investors are required to buy shares on the open market >>

Jon,

In the Canadian mining biz, Institutions regularly participate in brokered private placements and buy in new shares freshly issued from treasury. I suspect it is the same in the US.



To: Jon Matz who wrote (7673)7/6/1998 12:00:00 PM
From: Henry Volquardsen  Respond to of 34075
 
Jon,

institutional buyers such as mutual funds can and do buy stock via private placements.

Henry


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