Waseco Resources Inc. Message Board

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Gold/Mining/Energy : Waseco Resources Inc.

WSCO 1.300

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Dec 24 4:00 PM EST

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To: Dave Tan who wrote (44)	2/4/1998 2:20:00 AM
From: CIMA	Read Replies (1) of 60

Yes, Waseco is showing signs of life. I know they have identified more than one dredge in Indonesia that would be suitable for their needs but I also know they won't move on it until the approval comes from the Ministry of Mines followed by the Ministry of Environment. To the best of my knowledge they still do not have the funds or an arrangement put together to secure a dredge even if they could begin mining today. However, it does sound like something is happening between Diadem and Waseco to try to make this happen later this year. Fingers crossed, it's been a long haul...

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