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Gold/Mining/Energy : kazakstan goldfields symbol kgfc
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To: Jesse who wrote (215)7/25/1997 11:58:00 PM
From: roger fontaine   of 367
 
Jesse:I have to disagree with you I never found suspending mining operations as positive.We need to produce gold for revenues and I'm sure the goverment can out last KGFC.I hope they come to soom kind of agreement.The part that worries me the most is "In what the company believes to be a reaction to its decision to temporarily suspend
operations at Bestobe, the Department of Management of State Property and Assets
of Kazakstan advised the company of its intention to unilaterally terminate the
company's management contract."Well it looks like we have to wait and see what happens.Once and if an agreement is achieved along with financing for their CIP plant I believe our stock will take off.
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