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To: the Chief who wrote (938)11/2/1998 8:35:00 AM
From: Mr Metals  Read Replies (1) | Respond to of 3282
 
I guess I'll average down again at 15c...If they win, they'll have around $1.00 in cash and she's trading at 15c....HMMMMMM.

Thanks Chief,

MM



To: the Chief who wrote (938)11/2/1998 10:32:00 AM
From: Claude Cormier  Read Replies (1) | Respond to of 3282
 
<< Rock's suit is for $16,000,000 and
there are about 15,000,000 shares outstanding>>

An interesting speculation on RKR. Since they just hired 2 promoters, I guess the time is right. But shares outstanding fully dilluted is closer to 30,000,000 with the new debentures . And if they don't find that porphyry at Coiron and they get only US$3M from the lawsuit... current price looks OK.


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