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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?

To: AL who wrote (1545)9/3/1998 9:28:00 PM
From: Ginco  Respond to of 2444
 
Al-Mundry answers this question in his long winded article-I think he still has a bone to pick with Napier for getting the boot from shareholders meeting

You posted:
"if Napier knew of the lawsuit before they announced it, it still comes under DD and were not wrong to keep quiet until they knew the direction it would take."

Mundry writes:
"The promoter asserts that after Napier consulted with its lawyers, it
felt no rush to disclose news of the suit.Mr Aelicks points out that
Napier even informed the TSE and consulted with exchange officials,
who granted a 30-day due diligence extension and did not urge the
company to reveal the suit to shareholders"

Message 5661479



To: AL who wrote (1545)9/4/1998 10:30:00 AM
From: chris  Respond to of 2444
 
Al, with only a handful of shares being offered at these prices it doesn't take much to artificially inflate/deflate the price at the bell. Check the patterns in the past 2 weeks, especially Unions.


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