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Gold/Mining/Energy : kazakstan goldfields symbol kgfc

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To: Jesse who wrote (220)	7/28/1997 8:42:00 PM
From: Jesse	of 367

A little commentary on the news of late, from the posted URL: info-mine.com July 29, 1997: Kazakstan Goldfields' (KGFC:CDN) {See: Report on Kazakstan Goldfields) inability to significantly advance the privatization process for its mines under management, due in part to a recent reorganization of the Government of Kazakhstan's administrative structure, together with high smelting costs, frequent power shortages and the inability of a local smelter to process more than 25% of the company's concentrate, have compelled Kazakstan Goldfields to temporarily suspend operations at its Bestobe Mine in northern Kazakhstan. The company had previously suspended operations at the Aksu and Jolimbet mines because of high processing costs. (Jul 25/97) --------end----------- -KGFC is serious about getting on with making money!

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