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Gold/Mining/Energy : Holmer Gold Mines

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To: Brian MacDonald who wrote (708)10/8/1999 10:35:00 AM
From: Hans Nonchen  Read Replies (2) of 739
 
Hi Brian,
while I share totally share your disappointment over what happened over the last few years with Holmer, and in all fairness, the junior market in general, we have to move on. We can't turn back time and dwell on what should have been. We can only deal with the current circumstances, and from where I sit, we are in a better position now than we were a month ago. I don't think we have to worry about dragging feet, because St. Andrew will do all the work according to their timetable. The deal is for 4 years, so if this is a profitable enterprise, my bet is that they will want to start processing ore asap. If you read their news release, you get the definite impression that this thing will move much faster than what we're used to from Holmer.
Good luck
Hans
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