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Re: extelecom post# 427724

Sunday, 10/02/2005 4:41:53 PM

Sunday, October 02, 2005 4:41:53 PM

Post# of 704019
Yup, I was looking at it as a post Chavez scare opportunity, but when I started to look deeper, I found that floorless, and you know how I feel about floorless draw down line of credit. The recent news puts a limit on how much they can draw at $1/share (canadian), but as we all know, these change (it was "floored" at $2.5 just before last week) if KRY is put to the wall with a major need to spend money in view of Chavez' policy "if you don't use it, you lose it".


AZH

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