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Gold/Mining/Energy : Precious and Base Metal Investing

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To: arizzzona who wrote (3238)4/24/2002 9:09:59 PM
From: ubetcha  Read Replies (1) of 39344
 
Arrizzona, Interesting read. I have been heavily into this play for about 3 years. Had heartburn several times, but think that it may have a play. I originally got in for the copper deposit. May still work for them. They have been going to market with their mica for about 18 months, and their pilot plant that was to get them off the ground over a year ago needed about $15 mil. to build it bigger. Just got the money recently at the cost of a few shares. Still no big sales. They have some product out for testing. A lot of the mica is on the ground, but will need even some more equipment to get more to the plant. I still see this as a good play, but would not bet the entire farm on it. If it all goes as projected, it could pay off well.

Terry
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