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Gold/Mining/Energy : Kafus Environmental (KS)
KS 34.950.0%Dec 14 4:00 PM EST

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To: DCBEN who wrote (208)2/1/2000 12:47:00 PM
From: Abuckatatime  Read Replies (3) of 229
 
Allan,

Good move by management IMO...shows that KS has confidence in Canfibre's experienced crew to get us to full production and positive cash flow sooner that we would with continued participation by S&W at Riverside. Diligently working to meet timelines is something I, as a shareholder in both companies, will not argue with...even if it means going to arbitration with an operating partner.

BTW, I believe that despite the fact that KS and S&W are in the midst of a "separation" at Riverside that S&W is on track and on schedule at Lackawanna...obviously having had the advantage there of learning from missteps at Riverside.

Greg
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