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Gold/Mining/Energy : Manhattan Minerals (MAN.T)
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To: Henry L. Farmer who wrote (4259)9/28/2001 4:13:59 PM
From: Claude Cormier  Read Replies (1) of 4504
 
Hello Henry,

Nothing new. But the tone is getting more positive. The company just completed a new financing of $5.2 million which was fully subscribed.

"...The net proceeds received by Manhattan from the sale of the special warrants will be used for a draft environmental impact study, a full feasibility study, community relations activities in the region of Tambogrande, Peru, and for general working capital purposes. "

For sure low copper and zinc prices are not helping for now. But MAN is setting up the stage for the next economic recovery.
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