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 : NP Energy Cp New -- Ignore unavailable to you. Want to Upgrade?

To: Mike Gold who wrote (14905)	3/10/1999 9:07:00 AM
From: David L Kosakowski	Read Replies (2) \| Respond to of 22810

T-16 trading days DR.MEADE and no closer to $3.00 per share, as a matter of fact, unless this 20% ownership question gets clarified, we may be further away. Care to revise your over zealous forecast?????

To: Mike Gold who wrote (14905)	3/10/1999 10:06:00 AM
From: Ken Sammut	Respond to of 22810

Thanks Mike, Kevin, & Geoff. The big question (besides what the MDIN assays show) is whether or not MDIN will end up being bought out. If the results are great and MDIN goes the way of Argentina Gold, then I would assume all the Preferred shares including the ones held by NPEC will be bought out even though their convertible dates are scheduled over the next several years. Until a buyout would take place, you are correct that the preferred shares NPEC owns may trade at a discount. It is my opinion that the discount will narrow once the assays (assuming good things) are announced. Additionally, we do not know what impact the telecom and mining properties NPEC owns will do to add additional value to the stock. All in all, I still say NPEC is a great leverage play. Long on both stocks. Ken