Manhattan Minerals (MAN.T) Message Board

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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Snake who wrote (3787)	10/29/1999 8:03:00 PM
From: Sailfish	Read Replies (2) of 4504

Snake... This from the RBC analyst's TG visit report dated 30AUG99... 3,300 housing structures in the town with perhaps 40% requiring re-location... From other reports...The estimates to relocate the whole or a portion of the town run from US$15 - US$25 million... Further drilling will be the determining factor as to what portion of the town will have to be re-located...As of now, it would appear that perhaps less than only a third of the town need be re-located... However, I am not aware of any actual town infrastructure that might be located in this particular area, so that may also play an important part in any decision in this regard... With respect to news...It's my opinion that no one should solely wait to hedge their bets or make any investment decision based on news releases from this company... As an analogy to, say a hockey game, most of us are not even in the rink...Trading activity will be your indicator...Just like watching the game on TV or even perhaps actually being there...The ones that are behind the net (i.e. Insiders) give the first signal...Once their hands go up, that's your indication... And so forth and so on... Regards....Ray

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