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Gold/Mining/Energy : kazakstan goldfields symbol kgfc

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To: Patrick J. Saunders who wrote (58)	3/30/1997 4:56:00 PM
From: Cussy the Windsurfer	of 367

Hi Patrick, Welcome aboard..... I think that you are right on the ball in two respects... A)waiting for a good entry point is a great idea, unfortunately for me and many others, we have already entered at "undervalued higher levels". I don't think however we will see .50 on KGFC, but you never know. If we do, it will occure because investors are being forced to come up with margin requirments and will have to sell their positions in legit plays like KGFC, so good luck with your entry level. B) All governments are ALWAYS looking for "real" companies that can provide them with tax revenues rather than costing them money. The Kaz gov. is no exception. However, as for the taxes, that is almost imposible to estimate without examining KGFC's balance sheets and the Kaz. corporate tax system. Perhaps someone out there can bring us both up to speed on these aspects of KGFC. Very good question though! Cussy, the crazy windsurfer :) P.S. -> Patrick, being a software enginere you may want to check out the thread on Jot-it Software. This is another company that has "real" things happining rather than just hype, and trading under a 1$, you may be interested!!!! C ya

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