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Gold/Mining/Energy : International Tournigan(ITG.V)announces major discovery -- Ignore unavailable to you. Want to Upgrade?


To: Danny Grant who wrote (310)9/2/1998 2:10:00 PM
From: rdww  Respond to of 347
 
no news other than the financing is still under way and of course the price is dropping that it will be done at. These prices could be a deal - but then ITG has held that believe all along - only they can never seem to get any deal or contracts ratified very quickly and so the stock keeps getting hammered.



To: Danny Grant who wrote (310)9/4/1998 9:32:00 AM
From: rdww  Respond to of 347
 
did you smell that - the private placement was for .60 originally - never seemed to close - despite the glowing reviews of all interested - then it dropped to .40 - guess you could see that in the stock - so lo + behold - guess what the price is now ?? Do I hear .20 PP !!!
Dilution is word that ringing very loud and clear in my ears ! How in the world do they propose to finance this puppy now and does a big NY investment group back $.10 US mining/penny stocks ??

What a mess - the gang that couldn't shoot straight!