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Gold/Mining/Energy : Whitegold Resources Corp (WGO) Asset Rich, by any measure
WGO 34.64-0.5%Nov 24 3:59 PM EST

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To: Herman Leusink who wrote (232)12/5/1997 8:56:00 PM
From: robwin  Read Replies (1) of 378
 
Hi Herman,

I meant to post a reply earlier, but as the end of November has come and gone, I thought I would do it now.

Where are we with the final feasiblity report?? November came and went...

And why is a further private placement required? Surely, the previous flow through share offering we just completed should have been sufficent. As I recall, they raised over $1.5 million to fund the study and other ongoing costs. We should have an accounting of these funds first.

I don't buy the explanation that they underestimated the cost of the study by $500,000...

Robert
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