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


To: David in Ontario who wrote (1768)9/30/1998 2:36:00 PM
From: Geoff  Read Replies (1) | Respond to of 2444
 
First post here but something else to keep in mind is that 3 or 4 million escrow shares are able to trade on October 1st, plus warrants. Let's see if the cheap paper holds them.



To: David in Ontario who wrote (1768)9/30/1998 2:44:00 PM
From: Steven Haas  Read Replies (2) | Respond to of 2444
 
1) More than half of NIR is half by less than 10 long term holders who have been around since Napier's anti-stain days. They held through the run up to $4.88 - they are holding now -

Well that's a no brainer they had no choice but watch this baby rise and fall as there is usually a one year hold on PP paper. But I am sure that they had free trading paper along with it.

All I know is that when free trading paper comes due it comes DUE.

Take Over!! A the greatest promotional term used, I even had a broker that continued to use those words to me (worse than a promoter) on several dogs.
A take over would occur if a company a Net Present Value that would make it worth it's while.

Remember, those closest to a deal are the ones at the back door.