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Gold/Mining/Energy : L S Capital / Griffin Gold (OTC:BB CHIP)

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To: kimberley who wrote (2403)12/3/1997 2:02:00 PM
From: GlobalMarine  Read Replies (1) of 3594
 
Kim: On an LS Capital note, I'm pleased to see the company back at the $0.90 level, so it has fully recovered from IPM indigestion now. Thank goodness for placer mining! The fact that in return for a 60% stake, the company only has to spend money on setting up a plant and related expenses as opposed to simply handing over cash to the vendors suggests (no guarantees given the IPM debacle) that there is something worthwhile in the ground.

Rand
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