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Gold/Mining/Energy : Redbird (RBD.A on the ASE)

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To: Winzer who wrote (40)5/6/1997 9:59:00 PM
From: John G. Robertson   of 130
 
The only connection I know of between RBD & Adex is their Marketing representative Ron McKewoen(?). All other similarities end there as far as I know. I still haven't heard any new news about RBD's situation with the ASC.

Adex problem is way over blown. The Engineering company (Davies) has been told to revise their rediculous estimates or Adex will bring in another engineering firm to do the analysis on thier indium deposit mining costs(ex: Davies stated it would take 3 men, one to two hours, at $55/hour, to change a light !).
This report was what caused Adex to tank in the first place. If you have any funds available I would try picking some up at these prices (.25 - .35?) and check it out again in a couple of months.

Happy investing!
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