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Gold/Mining/Energy : BLUE DESERT MINING, BDE-ASE

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To: Danny Grant who wrote (637)5/19/2000 6:52:00 PM
From: Dale Schwartzenhauer  Read Replies (1) of 673
 
Danny: thanks for the post! I'd like to see this site come back to life ahead of the re-opening of BDE. The plan calls for a 1:3 rollback in BDE and a 5 million unit financing at C$0.60 (wts @ 0.80). Burin Flouspar will be merged in and the company will become Canada Flourspar Inc. So even though we were last traded at 0.05, it's as though we were trading at 0.20 before the rollback. That's an improvement that most consolidations don't ever see. Together with the Pogo properties (optioned to Anglo Gold) and some Chilean properties that remain, the company will get back to work developing resources and building shareholder value. I intend to be as involved as possible.

Dale
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