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Gold/Mining/Energy : Madison Enterprise, MNP/VSE
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To: rdww who wrote (245)4/10/2001 2:20:38 PM
From: russwinter  Read Replies (1) of 285
 
I could not disagree more with your post. I find calling an asset like Mt. Kare a "dead shell" more than just an overstatement. There is no valuation assigned now at all to a pretty substantial gold deposit. One drill result at Purini Creek or elsewhere that shows supergene material would create tremendous leverage to this deposit. The main problem with this outfit now is no IR. The old guy Jeff Cocks appears to be gone and MNP is hunkering down on that aspect of the business.
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