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Gold/Mining/Energy : Cadre Resources (CSL.V) Awaiting production #'s and Financ
CSL 316.08-0.1%Nov 26 4:00 PM EST

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To: Spiney who wrote (576)6/10/1999 3:54:00 PM
From: Francis R. Biscan Jr.   of 1285
 
Hi Spiney,

>>- does Cadre have other properties in the area? Sounds like there are other opportunities...they used the word "regional" in the nr.<<

Yes......the numbers used are just from one concession. The ministry of the environment, in Venezuela, is all ears to a process that can exploit the various valuable products the river has to offer, in an environmentally friendly way.

If we can show them we have a way, there have been indications that more concessions would be available. The potential of the project could, ultimately, be multiplied by many times.

Rich
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