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Gold/Mining/Energy : Northern Crown Mines (NCW-V)
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To: Mark Bartlett who wrote (191)7/20/1997 8:17:00 PM
From: akpirate   of 349
 
Mark, thanks for the reply. No telling if the turnaround comes short-term or mid-term, but IMHO it won't be too long before the gold market turns around. That's why I am looking to increase my position in NCW. I've talked to them a few times recently, and things sounded positive.
However, this weekend I received notice from a brokerage firm that NCW was among a group of their stocks that "will require financing within the next 6-9 months, and without the help from the gold price will be forced to either delay their activities or dilute their stock".
Have you heard anything that would confirm this applying to NCW? I shall call the company soon, but do appreciate the input. This one is one of my favorite gold "gambles"...<g>

Thanks again,
robert
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