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marcos

10/25/02 4:37 PM

#452 RE: loantech #451

There are worse deals out there in the flakey little gold junior sector, i think .... when you look at the combined market cap of aas+ngt, for what you get in Salamandra plus Chester Millar ... it'll likely be my largest position going into new year's, again, didn't get many this week as i had lots from summer, didn't sell many in september rally, replaced them and a few more so far ..... my only real concern is the aas-ngt share ratio, and the possibility that current strength in aas will skew the committee's decision against ngt, with something drastic like a 2-for-3 proportion or something .... which is where they just closed, .30 and .45 .... but CM is a fair and reasonable guy imho, he knows that ngt holders are on his side, and have been through the management spats .... parity i like a lot better, 1-for-1, but it is too much to hope for i think .... we shall see ..... anyway Tom, good to see you over here .... cheers