Champion Resources - CHL.vse Message Board

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Gold/Mining/Energy : Champion Resources - CHL.vse

CHL 27.51

0.0%

Sep 27 5:00 PM EST

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To: DAVID BENNETT who wrote (81)	12/6/1999 1:48:00 PM
From: rdww	Read Replies (1) of 176

A nice big article in the NM - front page even - on CHL and the phospate deposit. Bascially a rehash of what we already know here. A talk with management has shown nothing new that would accout for the selloff last week or so. The lone BIG sellor is gone and now it's damage control/buying and yr end selling - how nice. As the article notes - the $2MM that CHL has raised to pay for the drilling etc right now - will come back to CHL once the loan is approved based ont the data that they are compiling now. So that will leave CHL in a very nice cash position as the get ready to welcome buyers in late Feb /March hopefully.

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