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Gold/Mining/Energy : Whitegold Resources Corp (WGO) Asset Rich, by any measure
WGO 36.19-0.7%Nov 28 9:30 AM EST

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To: robwin who wrote (159)8/15/1997 2:38:00 PM
From: Francis R. Biscan Jr.   of 378
 
>>The bid price for the stock fell to $.30 today. This is ridiculous.<<

Yep, I agree.........Lot's of prices are ridiculous these days. The other company I follow closely, Cadre Resources, just acquired an option to purchase a producing operation for 3 million U.S. plus 150,000 shares. This operation has revenues of 8.5 million U.S. and is netting about 3.4 million. On a per share bases, it works out to about $0.75 U.S. / share FD. The stock is trading at $0.80 U.S........Not much makes sense these days.

As far as a promise of good news, I don't know what news there could be until the feasibility is done. Do you ?

Rich Biscan
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