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amarksp

04/26/04 5:42 PM

#9101 RE: KastelCo #9098

All the April 16 warrants exercised, around 274,000 @ C$1 avg

There are 43,000 April 29 warrants, excercise price C$.82, would think these would have exercised by today...?

We have until July before any more warrants become exerciseable...

No more warrants coming due until July 19 & Aug 21, but there are 4.2M August 21 @ C$1.75, that's a boatload...

Sprott did a 120,000 cross towards the close, don't know if that means anything, but the bid/ask prices increased after this cross and the spread narrowed a bit...

My understanding is AGI is trying to completely resolve the ejido issue before releasing the feasibility report, believe the feasibility study is already complete pending an ejido negotiated agreement...