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Gold/Mining/Energy : El Misti Gold Limited (EMG V)

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To: burner who wrote (461)6/17/1999 9:04:00 AM
From: Berry Picker  Read Replies (1) of 513
 
Did you ever talk to Victor about the Sin Chau property? EMG originally paid 18 mil for it and the rest they have been getting as per last news release. That property alone give EMG a book value of 25 cents. They have another property with is going into production right away that net them $70,000 a month for the next 10 years. That is not much but it is a PROFIT and will put them into a position to operate without fear of going under. You may want to get your money out to go on to more exciting things but I think you need to just forget about it and wait. I may be wrong but I think this stock will make a good run one of these days just not soon. If they get a good drill program going on Sin Chau and come up with the kind of results they did the first year they drilled then LOOK OUT. She will go over a buck.
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