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Gold/Mining/Energy : Anvil Range Mining
ARO 0.151-27.7%Apr 21 5:00 PM EST

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To: Artur Bereza who wrote (110)1/29/1998 12:34:00 PM
From: Roman  Read Replies (1) of 143
 
Hello again,

They did not tell me anything. It might be a good idea to call TSE, I already did so, however I am in Kingston - maybe they don't like to return long distance phone calls. If you are in toronto, call TSE. Number is 987-4700, maybe I got it wrong. I know for sure that 4700 is at the end, not that sure about first three digit. Ask them whether it was their idea to issue a halt order.

Anvil has time till Feb 16 to find solution for their short term debt. If they issued a halt, it must be good. It can't get any worse, that's for sure.

What I don't understand, how come they have a liquidity problem. As fas as I am concerned, what they need is zinc to be above 51 or something cents. It's trading over $0.56 US and also Canadian dollar is at historical lows, how can they loose money. Unless they misinformed us or miscalculated estimates.

Regards,
Roman
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