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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Post by tickle1ston Jan 08, 2008 5:21pm
121 Views
Post# 14170778

Anybody have any idea?

Anybody have any idea?How is Richard going to pay $1,642,618 for the Pat rights offering and another $1,642,618 for the options before 2009? I know....have a URSA offer their shareholders a rights offering with Pat as the guarantor. Whatever rights we don't take up, Pat can have them. Simple as that. I think I could do this for a living. Would it be fair to surmise that the Pat insiders, who didn't take up any of their Pat rights, are smarter than URSA insiders who agreed to take up almost all the Pat rights?? Another tough question. Hummmmm?
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