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Gold/Mining/Energy : Com Dev International
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To: dale w ruckle who wrote (66)8/17/1999 11:35:00 AM
From: Serge Collins  Read Replies (1) of 216
 
The company does have a cash problem or it wouldn't be trying to raise money. That comment in the PR was an unfortunate slip, but it does indicate the disarray at the firm. The person in charge of IR is off sick, so that should tell you something.

We'll have to wait till September 8 to find out how bad things are. It will be interesting to see how they plan to raise cash. I just hope it doesn't become another Eaton's.

Good luck.
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