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Gold/Mining/Energy : Holmer Gold Mines

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To: Brian MacDonald who wrote (692)10/5/1999 1:46:00 PM
From: Hans Nonchen  Read Replies (1) of 739
 
Good news (IMO)
Going from a exploration Co. to producer is a huge step for Holmer. This deal beats trying to do it alone. Imagine having to raise capital to build a mine. 60% of a mine with no capital outlay beats 100% of a patch of land. I wouldn't be surprised if they come up with a deal for the Cuban property as well.
Hans
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