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Gold/Mining/Energy : Madison Enterprise, MNP/VSE
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To: baystock who wrote (268)4/28/2001 9:38:14 PM
From: russwinter  Read Replies (2) of 285
 
<acquire at cost up to a 30% participating interest>

I believe there has been a reform of PNG's punitive mining laws, but I will check with the company for clarification. Do you have a reference for this with date? Worst case is that the buy in price on this mine and property will be many times (a windfall) more than the nominal value placed on the company right now.
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