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Gold/Mining/Energy : Plata Mining Limited (PMT.A) -- Ignore unavailable to you. Want to Upgrade?


To: j.oil who wrote (50)3/31/1999 9:18:00 AM
From: spinner  Read Replies (2) | Respond to of 68
 
j.oil

I've checked with a few analysts and have been keeping up with the very detailed discussion on canada-stockwatch.com and although my initial reaction to any company diluting their shares is displeasure, the opinions of others is that if they can secure 100% of this mine over the next couple of months, that whatever they need to do will be well worth it.

The people that are exercising their warrants are the ones that put up the money last year to keep the company going. This is a professional effort all the way from what I can see and it is one that I still feel will reward the shareholders in the end. I think that we'll see a positive reaction to this news as April comes. For now I'm trying to keep up with the discussion on StockWatch and trying to do some math of my own.

thanks, Spinner