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

To: Ken Sammut who wrote (15427)	3/25/1999 9:19:00 PM
From: Alan Whirlwind	Read Replies (1) \| Respond to of 22810

Thank you for clarifying this issue. Obviously, it leaves NPEC with a gold mine if MDIN moves as some expect it. Isn't it true that if MDIN should reach $5 or $6 a share that NPEC would be sitting on $1 per NPEC share worth of stock?

To: Ken Sammut who wrote (15427)	3/25/1999 10:44:00 PM
From: bully	Respond to of 22810

"WOW" what a "heck" of a story! "BULLY" "barf"!

To: Ken Sammut who wrote (15427)	3/25/1999 11:30:00 PM
From: Win-Lose-Draw	Read Replies (1) \| Respond to of 22810

$18.8M or more of stock for $4.7M is not a bad deal. If that is, indeed, the case, then it doesn't seem too bad. But where does the $1 "redemption price" fit into the equation? And later on in the PR it refers to the $1 "purchase price" of the preferred shares...? The way I originally read it, which I gather is wrong, is that NPEC needs to pay 1/4 the going rate of MDIN's (or just $0.25?) price plus $1/share. Which can still be a great deal if MDIN soars. I appreciate your attemp to unconfuse me, but I'm afraid a little fog still lingers! LOL.