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Gold/Mining/Energy : St. Genevieve Resources (SGV.T & SGV.M)

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To: Walter who wrote (121)3/29/1998 11:13:00 AM
From: philip trigiani  Read Replies (1) of 140
 
Gauthier is not going anywhere. He's up for renewal on the SGV board. With this restructuring he will have a good control over SGV and KWG through this creditor dilution. However, he is not running for the board in KWG, the new CEO/PResident running is MR.Sleemenk of Macdonald Mines, he is also working in Cuba on their own properties. Is anyone going to exercise their free rights? SGV @ .05, KWG @ .15. They need to get these share prices up to .20 and .40 to make the rights workable. Gauthier controls most of the creditors, deals have been agreed to, just a matter of formality voting by us suckers. What choice do we have, either vote for, or they go bankrupt. Either way we loose.
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