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Gold/Mining/Energy : Carbite Golf Inc. Vancouver-CAB

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To: Tara Cobble who wrote (17)8/15/1996 11:37:00 AM
From: Codfish   of 209
 
Hi Tara. Long time no talk.

Just spoke to the president of Carbite in San Diego. He indicated that sales for 1st half of '96 are $6.2MM U.S. and that pretax profit is in the neighbourhood of $700,000.

All revenue has come from the sales of the wedges. No putter sales to speak of. Problem with production or materials or something.

A company called Canaccord Capital in Canada has done a 4 page report. I'm getting a copy and will post any pertinent info.

Adios,

Bill
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