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To: CIMA who wrote (45)3/21/1999 3:20:00 PM
From: Tim Davies  Read Replies (1) | Respond to of 1239
 
thats good to hear. ye if they can do it at a higher price then so much the better. hope they get back on soon...
tim



To: CIMA who wrote (45)3/21/1999 4:38:00 PM
From: Sawdusty  Respond to of 1239
 
<<It's rumored they've been offered several millions in financing but they wanted to do
phase one and two for much less. They didn't want to dilute the stock by doing a large
financing at these price levels.>>

I think that everyone should treat that for what it is...a rumor. It is not very likely that a junior, in todays market, would turn down an opportunity to get several millions.

However, that type of rumor, does generate excitement, and raise expectations.


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