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Gold/Mining/Energy : RIO Nevada Mines Corporation
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To: cec who wrote (12)4/3/1997 7:17:00 PM
From: BARON BANKER  Read Replies (1) of 38
 
RIO Nevada has no gas production we are primarily oil based. The numbers which you quote may be projected cash-flow numbers based on oil revenues projected for 1997, based on our budget of record. At this time we prefer not to say what actual or current cash-flow is until after our 2nd quarter is completed on June 30, 1997, this way the numbers are exact and final. We are doing well at this time and our original numbers are well within reach. I hope this helps.
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