Madison Enterprise, MNP/VSE Message Board

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Gold/Mining/Energy : Madison Enterprise, MNP/VSE

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To: russwinter who wrote (247)	4/10/2001 3:53:11 PM
From: rdww	Read Replies (1) of 285

this is from SH "The only things that can help this company are $$$ and time. As of Jan. 31 they still had almost $2 million in the bank. Time is unlimited. PNG is dead - a total writeoff. They are looking at some property in Africa supposedly. Those of us who stocked up on this POS in the last 6 months thinking that bottom had been reached are learning a hard lesson. A few years from now circumstances will hopefully be different and we might be able to get our shirts back. The bullet to the head though would be a rollback. Has anyone asked the company about any plans to consolidate? If they ever bring this idea up then selling everything for .01 will be the only escape. " The inference here is that they are looking for a new pop to the stock. PNG ain't gonna cut it at this pt with the mkt is my guess.

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