SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: Ironyman who wrote (14531)11/3/1998 9:01:00 AM
From: EricE  Read Replies (4) | Respond to of 34075
 
Eric...this is significant. Wow.

BTW, my fave part of 10K (other than # of shares outstanding)...

"...Registrant has offered to purchase the interests...from each of UCL's [coop's] 188 members. If the offer is accepted...Registrant will pay each member approx $10,000, including $3,000 cash, balance in common shares..."

If this offer is accepted this is great. Less than $1.2M, only $354K cash to buy the coop out. Important incentive for potential suitors.

Regards, the other other Eric