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

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To: Elizabeth Andrews who wrote (4106)4/19/2000 1:33:00 PM
From: Claude Cormier  Read Replies (1) of 4504
 
<<..I also think the property has merit but the problem>>

Glad to see that you now have change your opinion.

<<...are probably trapped now as they do not have the resources to execute the path they are on. >>

They had $30 millions 6 months ago. I haven't check but they probably still have at least $20M left. That should be enough to reach feasibility on TG-1. No ?

Sinking 2-3 holes on an anomaly cost $100-$200K. I think it is wise to do spend $1M that way and find out if any of the 7 best targets have something to help build value.

<<When is the resource "big" enough for MAN to develop?>>

They are doing it now...and they can't go faster than they are on TG-1.
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