Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Exall Resources/Glimmer Resources -- Ignore unavailable to you. Want to Upgrade?

To: Rudy B. who wrote (828)	2/3/1999 7:25:00 PM
From: Winzer	Read Replies (1) \| Respond to of 1319

Well ladies and gentlemen, what can we make of this NR? Note the effective date is today! Are they helping themselves to the kitty in anticipation of something "special" ? coming down the pipe? The timing looks likes a rushed issue, compared to option timing based on targets and performance in the future. Or am I out to lunch here? Any sign of a shareholders rights plan yet? I see we got the directors taken care off. The share price actually went up 5c (on low volume) in a negative POG day. At one time the ask was $1.25, before changing to $1.15 later in the day. We will have to continue to wait to see what this "significant event/development" means. I think that the O/S shares may be wrong. I though was more like 8,000,000. <Start of NR> Glimmer grants options Glimmer Resources Inc GME Shares issued 6,028,962 Feb 2 close $1.00 Wed 3 Feb 99 Richard McCloskey reports The board of directors has approved the granting of stock options on 195,000 shares at $1.00 per share effective Feb. 3, 1999 for five years to the directors and officers of the company. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com