Eldorado Message Board - Msg: 15181320

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Gold/Mining/Energy : Eldorado

ELD 33.19

-0.4%

Jun 14 5:00 PM EST

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To: Lalit Jain who wrote (493)	1/14/2001 12:40:31 PM
From: Alex	of 527

Lalit. Thanks for the note. Sorry for the delay in replying but I've been tied up with family illness for the past while. Don't take Liz too seriously. She's been calling for the demise of Eldorado for some time and can't understand how they've managed to actually earn money, have a positive cash flow, and reduce debt through these bad times. Something even some majors are having trouble doing. The dilution does worry me somewhat, but it will be worth it IMHO if/when they can mine Turkey at $138-$150 per ounce. Regards, Alex

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