SI
SI
discoversearch

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 : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: brian krause who wrote (18023)4/10/1999 7:40:00 AM
From: Paul Bilecki  Read Replies (1) | Respond to of 26850
 
Well the info circ. mentions that it can be cancelled if something big were to happen. It does not say what though!

What could it be: $50 per share cash offer. I want $75 per for "mine".

As well, I think were getting preferred shares.

Oh by the way, you cannot vote unless you owned the stock on March 22, 1999. Therefore, some of you may not get the circular.

I am not to sure when you have to own the stock by to get the new shares in Diamondex. This is still very unclear. Some say in May, some say prior to the April 29th, 99 vote. Maybe someone in the know can explain this in detail. I still feel you needed to own the shares March 22, 1999. Maybe I am wrong.




To: brian krause who wrote (18023)4/10/1999 7:48:00 AM
From: Paul Bilecki  Read Replies (1) | Respond to of 26850
 
Again: Abers & WSP's Interest in this Company.

Tyler is being accumulated big time. Some were willing to pay .20 cents Friday.

The Carrot property is described in info circ. I think this is a valuable property as its adjacent to BHP mine property.

However, ABER has an interest in two other of Tyler's properties. Maybe something is going on on this front.

Of course i am just speculating, however, I see this stock at .28 to .50 by summer, with no downside risk below .15 cents. This is another no brainer just like AOT. I own a small amount of shares 14,000 and hope to pick up more below .18 cents.

I believe Tyler is an excellent takeover target to go public on the Toronto stock exchange. I also think it is being massively accummulated by people in the know.



To: brian krause who wrote (18023)4/10/1999 2:23:00 PM
From: teevee  Read Replies (5) | Respond to of 26850
 
Brian,
Huh????
I am not against the stock split and diamondex....now that I have read the information circular, I am against item#7-the stock option plan where the company wants approval to increase the options from 4.5 million to 6.0 million shares(management/director's and anyone who could benefit from the resolution can't vote on this)....what might be the reasons for this item on the agenda?
1. Management is simply greedy?
2. They contemplate a further 25% dilution in the company to 60 million shares outstanding from the current 48 million fully diluted(the increase in stock options is 25% of the requested amount asked to be approved), and want approvals in advance.....?
3. Management needs absolute control of an additional 1.5 million shares to thwart any hostile takeover attempt?

that's my thinking on this issue for now....

regards,
teevee