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Gold/Mining/Energy : Waseco Resources Inc.

WSCO 2.960

+34.0%

Jan 8 4:00 PM EST

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To: DRT who wrote (4)	10/21/1997 9:21:00 AM
From: DRT	Read Replies (1) of 60

Last I heard, the final feasibility study will be submitted to Indonesian government the end of this week. The action over the last few weeks indirectly provided the company with the interim 'loan'/financing they required to complete the feasibility study and to complete initial work on Tikkakur property. Any financing will be at higher levels/the completion of the feasibility study + availability of a dredge improves prospects for bank financing of this project. DRT

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