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Gold/Mining/Energy : MIRAMAR MINING (MNG)
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To: Bearcatbob who wrote (23)3/30/1997 2:32:00 AM
From: Bear of 457
 
By "money losing mine," I assume you mean the Con Mine. The Con Mine
has made money for Miramar in the past, and should do so again,
especially after they are are finished cutting expenses there. The new ore zone they recently discovered looks like it may be quite sizeable. As to your suggestion that their goal is to become a bank--
that's funny, I thought their goal was to become a money market fund.

(But we can always hope that one day they they do something with that cash other than just collect 5% interest on it.)

Bear
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