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Re: Frank Pembleton post# 287

Thursday, 05/01/2003 10:48:08 PM

Thursday, May 01, 2003 10:48:08 PM

Post# of 547
Agree...

This should be a good speculation, but I believe upside will be limited, stock will drop like a lead ballon (under cash value??) once it trades ex-distribution. Hoping for a quick 20% ROI here..., nothing more...

FWIW, e-mailed Paul van Eeden a copy of my post and received the curt and sincere reply "Thanks." Actually, I think van Eeden is a reasonably good analyst, have e-mailed him before, and have read him on miningweb and his old, not lately updated website at pve.net. His alleged comments prompted my call, are we sure for a fact he issued those comments? Please advise as his e-mail reply to me left something to be desired.

Hopefully, this works out and I remain optimistic per my phone call, but as you know, no guarantees... As posted, I stand by my Can$.80 distribution prediction per my understanding; and note from a bit of further research that $.80 was the most recent PP offering price. It seems to make sense that the prior PP holders will get out whole plus maintain their existing shares; otherwise they would likely NEVER do a deal with MOY again..., and MOY will eventually need to go back to the trough...



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