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Gold/Mining/Energy : kazakstan goldfields symbol kgfc

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To: Jesse who wrote (284)	9/26/1997 2:49:00 PM
From: Jesse	of 367

Is it me, or does this sound like Griffis thinks the Kaz. mines are a wash?: Miners' prospects fade in Kazakhstan theglobeandmail.com FOREIGN VENTURES / World Wide Minerals and Kazakstan Goldfields were naive to try to transform industrial dinosaurs, others say. Friday, September 26, 1997 By Karen Howlett and Allan Robinson The Globe and Mail ...Mr. Griffis, chairman of Kazakstan Goldfields, told shareholders at the annual meeting yesterday that it's difficult but possible to do business in Kazakhstan. "The pioneers are always the ones who get arrows in their back." He has nothing but harsh words for Kazakhstani officials, whom he accuses of arbitrarily cancelling the company's contract to operate the mines. He has asked the government to repay the $18.5-million (U.S.) the company invested. ...

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