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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: TheBusDriver who wrote (3331)7/27/1999 6:21:00 PM
From: Mark Bartlett  Read Replies (2) of 4504
 
Wayne,

From Charred "Hello Elizabeth, agree with you on this one. With a market cap of over 100 million, it is risky to invest into this one. >>

It appear he agrees with Liz, who apparently is (was?) short the stock.

When I spoke to MM at MAN - one of his comments was - anyone can spew forth enough negative comments about most mines, such that none would ever got started. IMO such is the case here.

We just do NOT have enough info at present to make an intelligent decision one way or the other. There is so much left to do on the MAN claims at TG and Lacones that anything can happen - look at the nice surprise we got in the gold number at TG1.

As far as moving the town is concerned, MAN has a pretty good idea what it will cost - and it is certainly doable. Question is - will we get more goodies elsewhere, making moving the town less necessary (initially) thereby decreasing start-up costs.

Take care, Wayne.

MB

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