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Gold/Mining/Energy : CVR: V Consolidated Viscount Resources - Ringer???
CVR 9.068+0.8%Nov 10 3:57 PM EST

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To: Donald A. Kerper who wrote (193)3/21/1997 7:06:00 PM
From: Del Holmes   of 409
 
Thanks for the info... Always appreciated!

So how do you interpret this one? Good or bad? Private placement means that CVR has a little more cash to work with, although 300,000 @ $1.65 doesn't translate into a serious drill program by anybody's standards. Do you know who it was being offered to or if anybody was even interested? This is where the lack of promotion becomes a serious problem. Nobody wants to throw more money at an apathetically managed company that treats its shareholders with disdain, and without the infusion of funds once in a while it's pretty difficult to sustain programs or enthusiasm.
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