Cadre Resources (CSL.V) Awaiting production #'s and Financ Message Board

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Gold/Mining/Energy : Cadre Resources (CSL.V) Awaiting production #'s and Financ

CSL 322.80

+0.5%

Dec 4 4:00 PM EST

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To: Krikor who wrote (692)	7/29/1999 10:17:00 PM
From: Francis R. Biscan Jr.	of 1285

Hi Krikor, >>If the ownership would be confirmed, I beleive the market will react. So far there has been no PR re Cadre's ownership.<< I think you are right Krikor. The percentage that Cadre ends up with is an important number in the math and will only be determined in the formal JV agreement. My expectations are for between 25% and 45%. I will be very happy with a carried 25%. Rich

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