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Gold/Mining/Energy : Any Good Penny Resources Left?

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To: paul s. who wrote (525)11/28/1997 4:29:00 PM
From: GLF  Read Replies (1) of 753
 
I called Perry Meszarous with some questions re. Micrex.

He feels the float is 3/4 million shares +-.

Shares outstanding 10 million.

Total share count is 10 million? I'm leary on this because of my lack of understanding.

He also told me insiders hold aprox. 50% of the total.

I asked him when we might expect reports in the future and he explained to me that in the past news has not been well received, so he said that Micrex will wait for the time to be right to release information.

I also inquired into the companies expressing interested joint venture financing. Perry expressed Micrexs' interest in not building share value on the reputation of other companies. I find this a positive management strategy.

He told me more information might be available monday.

I hope my DD is accurate. I will confirm these numbers monday.

At the current price I'm considering this one more and more. My only concern is, where is gold going?

Greg
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