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Gold/Mining/Energy : Atacama Minerals
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To: kfdkfd who wrote (25)10/25/1997 10:07:00 PM
From: kingfisher   of 105
 
I will give you Latinvest Securities number if you care to discuss it with them.Call New York office at 1-212-758-8200.I called Atacama Investor Relations on Friday. The spokesperson reported that she had met with Robert Cogliandro President of Atacama and he told her that talks on Financing were progressing very well.We can expect an announcement soon.In my opinion the odds of financing not going ahead are virtually nil.The company is sitting on over $30million in cash and have net assets in excess of $40million with no debt!How many public mining companies existing have has much tangible assets?The stocks weakness this past week had no bearing whatsoever on this companies prospects.Would anyone care to guess at what level this stock will start trading at once financing is announced?
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