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Gold/Mining/Energy : ECHARTERS

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To: E. Charters who wrote (897)10/31/1997 10:24:00 AM
From: Earl Pyatt  Read Replies (1) of 3744
 
Bandore. Bust?

I was wondering if you could comment on BAN.

Considering recent developments such as low reserve calculations, less than stellar grades, dumping of shares, the continuing slide of share price, failure of funds to get on board, and the lack of financing, does this indicate that the potential for an economic resource is slim or is it more a reflection of the lack of confidence in management. I don't believe it is just the market.

Thanks
EP
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