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Gold/Mining/Energy : Windstar [WSRI], formerly Turtle Mountain

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To: Karl Zetmeir who wrote (25)10/14/1997 11:39:00 AM
From: Lee Bush   of 148
 
Karl:
If you are just now looking at KRY, be advised that there is a long story. In short, we are waiting for the Supreme Court of Venezuela to come down with a ruling granting KRY the rights to Las Cristinas 4 & 6, now claimed by PDG. This deposit is the richest deposit thusfar discovered in Km 88. Three previous decisions have been favorable and I believe this next one will be also, however, there is the risk that it will not be. I put it at about 90% favorable. The base of this stock without LC4&6 is probably $3.00 Cdn. So, you have a risk of 50% on the downside. The upside is incredible. The stock should be at least $20.00 if they get the deposit. Venezuela is trying to clean up their act, and the title which PDG holds was obtained through a corrupt government agency.
Lee
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