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Gold/Mining/Energy : GL Energy & Exploration Inc

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To: Rocky510 who wrote (5)7/25/2003 9:01:32 PM
From: Rocky510  Read Replies (1) of 16
 
re re GL Energy & Exploration Inc GEEX News release 23 July.

"A previous news release said that $3,000,000 was raised and then 23 July's said $2,000,000 was being negotiated for a pilot plant. This is all true but confusing.

What is going on is that (given the last $2,000,000 is forthcoming) two pilot plants will be in operation - one for each Chile property. This really enhances income for the pilot plant period."


Had expected a clarifying news release on the above today.
It may be that the first deal was not completed and we are talking about only one pilot plant.

Hope to clear this up Monday.
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