Mandorin Goldfields MGD.V Message Board

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Gold/Mining/Energy : Mandorin Goldfields MGD.V

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To: Bob Walsh who wrote (359)	2/2/2000 2:01:00 PM
From: Flea	Read Replies (2) of 633

Just got an update from the company. 1. Tafuna Hill drilling is underway after delays due to weather...results expected towards the end of the month. 2. IT opportunities - currently in advanced stage of negotiations with two companies...one out of Australia. They really can't elaborate at this stage as they are IN negotiations. Financing is expected to be done in the near future for item #2. The CDNX minimum price is 0.10 (as opposed to 0.15 in the VSE days). #1 is fully financed by the jv partner and even with the IT prospects, they fully intend to keep the Zimbabwe project going as they feel the property has merit and apparently so does Gold Mining Zimbabwe Ltd. That's all for now. Good luck to us all.

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