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Gold/Mining/Energy : Holmer Gold Mines

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To: Brian MacDonald who wrote (705)	10/8/1999 8:23:00 AM
From: lorne	Read Replies (1) of 739

Hi Brian. You said.>>> " Unless Holmer has a sugar daddy in hand, we won't have any funds to even continue trading as a public company, so it'll be moot " Maybe I'm reading this wrong but I thought this meant that St Andrew would take care of all fianancing.? " St Andrew will finance all in-fill development drilling and complete the required pre-production development work, including a final feasibility study to determine the optimal mine plan i.e." If some of the bigger producers have to curtail some production as a result of their hedging and foward sales programs this could turn out to be a sweet deal for Holmer. Take care Lorne

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