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amarksp

02/24/05 12:55 AM

#77 RE: Ed Monton #76

Yes, that is a bit intriguing...

FWIW, its a tiny PP at just C$5.5M and my understanding is this PP is already way oversubscribed... Would not be surprised if Embry/Sprott took most of it.

Assuming C$1.30 and C$5.5M, that is about 4.2M shares or about 12% increase to existing shares outstanding.