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Gold/Mining/Energy : Haddington HDN-ASX
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To: Bob Lawson who wrote (35)11/8/1997 1:37:00 PM
From: Buckey   of 174
 
Bob: does your message mean that they need to raise $500,000 in additional financing in order to proceed with exploration?

And does this also mean that their treasuries are lower than this?

Excuse my ignorance as I am just becoming accustomed to the financing and overall operations of speculative exploration companies.

It seems that they are well positioned with a few properties in Timmins and that their overall market cap is low at ~$2,600,000 (~10,000,000) shares at ~$0.25.
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