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Gold/Mining/Energy : Delgratia Mining (DELGF)

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To: Lowtek who wrote (491)6/12/1997 12:46:00 PM
From: Tomato   of 532
 
Steve,

I have now idea. I think NASDAQ delisted it due to fraud, or something similar, I think. I think back to the Dec. Mining conference in SF where their VP, Eric X. Lavarack suggested I should buy some more because the Nevada proptery was going to give shareholders a Chrismas present when the drill results were released. (I don't think "results" were released until much later)
If you still own the stock, I don't know what happens. If you're looking at it as a bargain, since they still have properties in Nicaragua, I don't have a clue as to how to value the company. Based on my experience, I wouldn't touch it, though. I actually managed to get out with a small profit on the way down. Pure luck, I guess.
Anyway, good luck.

Tomato
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