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Gold/Mining/Energy : Whitegold Resources Corp (WGO) Asset Rich, by any measure
WGO 36.46+0.6%Nov 26 3:59 PM EST
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To: Mikey who wrote (253)1/21/1998 1:42:00 PM
From: Gazza  Read Replies (1) of 378
 
Mikey, feasabillity study due out in about a week or two, and permits have been applied for. From what they are saying expect permits around May 1998 for final approval to ramp up production late 1998 or 1999. I think they plan to spend much of 1998 setting up the roads, and site structures etc
I also heard that much of the small number of shares they have been selling recently are to finance ongoing activities while feasabillity reports and permits are coming down the pipeline.
This look like a great project once it all comes together, hopefully in the near future.
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