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Gold/Mining/Energy : ECM.VSE - El Callao Mining.
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To: E. Charters who wrote (1051)11/21/1997 7:33:00 AM
From: John Soileau  Read Replies (1) of 1253
 
EC, they've been issuing more as exploration expenses chug along.
As of 7/22 fully diluted was 42,403,000. Of this, Bema had 16,044,000
shares and 1,935,000 warrants, for a total of 17,979,000. This represents 42.4% of ECM.
Thanks for the valuation opinion. Was it based upon the 2 mill oz
in resource category so far?
BTW, congratulations on predicting two horrible trainwrecks: NPA and
IPM. You took slings and arrows for both of them, way to go.
John
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