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Gold/Mining/Energy : CFGL-Canfibre Group

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To: DCBEN who wrote (539)	10/30/2000 5:35:00 PM
From: wesley vandenhazel	Read Replies (1) of 612

Dcben, I think there is some light at the end of the tunnel. Once Kafus is out of the road, I believe it will be easier to get the infusion of capital to get Riverside going. And if they are up and running 7 days a week because there is demand for the product that surely is a positive sign. Looking back, it seems Kafus was more interested in promoting their stock(which did wonders for the share price for a while) but in the end there does need to be some cashflow. Look at all the dot coms in trouble. I believe YCF will make it. I did checkthe 99 annual report and showed they owe Kafus $19 million but I don't think Enron is going to force them into paying because they know they stand a better chance of getting money by getting the plant profitable- bondholders are in the same boat. Wes

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