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Gold/Mining/Energy : Alta Gold
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To: hoopsville who wrote (94)4/25/1997 12:30:00 AM
From: Raymond   of 749
 
It's good. Without the loan, Alta cannot bring those properties into production. The alternative would be to dilute the stock with additional offerings, or to sell part interest in some good properties. The fact that they could obtain the money in this market tells us a lot about the management.
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