Steppe Gold (SPE:V) Message Board

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Gold/Mining/Energy : Steppe Gold (SPE:V)

SPE 15.24

+0.3%

Nov 7 4:00 PM EST

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To: RMF who wrote (575)	1/28/1998 8:40:00 PM
From: John Menzies	Read Replies (1) of 1248

The SPE startegy has always remained the saem - develop the Mizek project - which is expectedto be a very low cost producer and use the cashflow to discover or acquire other gold oxide deposits in Kazakstan. A good exploration team needs a solid exploration budget commitment for 5 plus years and the results are almost always forthcomming - we want to make a major discovery and develop the business. This strategy has remained the same since day one. Oil? on our existing acreage the potential is limited as the rocks are the rong age but the potential elsewhere in teh country is excellent and we may look at this in the future. Regards John Menizes steppe-gold.com

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