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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?


To: Salt'n'Peppa who wrote (2657)5/20/1999 10:41:00 PM
From: Wally B  Read Replies (1) | Respond to of 15703
 
Rick: Rather than selling the rights, it would be nice to buy some (keeping in mind the 8 for 1 stipulation). That is, you would only be paying the premium above $ 0.90 up until June 17th; and during that period, the kill is expected??? Worth a gamble ???... Regards, WB.



To: Salt'n'Peppa who wrote (2657)5/21/1999 1:38:00 AM
From: Roman S.  Respond to of 15703
 
Hi Rick, you won't own 8 times as many shares, you could own up to 1/8 more shares. Hope that clears that up. I hope that we all understand that this is great , especially if the price of KOB rockets over the next month, the only thing bad is if KOB rockets before May 27, based on the kill/intercept and we may want to sell some shares for a profit, hence not getting rights for shares sold prior to the record date. Oh well, time will tell. Either way I still expect to golf this year!