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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Loukas who wrote (2699)	2/12/1999 1:18:00 AM
From: Stock Watcher	Respond to of 52051

Loukas; on EPAR please post the news link and basic info. on stock/ thanks, sw

To: Loukas who wrote (2699)	2/12/1999 2:35:00 AM
From: Stock Watcher	Read Replies (1) \| Respond to of 52051

Loukas; EPAR; a mining company based in Vancouver/B.C.; they are going to acquire IKAR for $39M in stock and cash. They're going to explore land in the Republic of Tajkistan to find Iron Ore. The press release doesn't say how much of the $39M is cash or stock. One thing I can guarantee: if EPAR even had $4M in cash (or assets) they would be trading on Nasdaq, not the bulletin board; also, the press release is unclear and this "acquisition" is highly speculative/ regards, sw biz.yahoo.com