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Gold/Mining/Energy : Canadian Partners in Project Ekho
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To: SAM-DAN who wrote (281)10/21/2000 3:27:19 PM
From: SAM-DAN  Read Replies (2) of 311
 
Well so much for ASV.We thought that with Patterson as head they would stay in, but his recent problems would probably hamper ASV's ability to raise the funds needed.He made his money on the stock play, so no need to worry about him. We are sorry for the shareholders but when you play with these kind of promoters you really are taking a chance.
Some smaller players have now also left.
Still feel that BRK will pick up most if not all of the interest and Ivanhoe will gain a major stake in the EKHO play for only two million dollars.[Friedland really knows what he is doing. We don't know if CUV will stick and suspect that CVL will also pull out.
But Tril will receive the necassary funding to attempt to bring in an economic flow to prove this well and the whole field. Hang tight.
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