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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: Bob Lawson who wrote (55)	3/14/1998 11:50:00 PM
From: CIMA	Read Replies (1) of 60

Rumor has it that negotiations successfully securing a dredge may soon be coming to a close. May be a press release in the next couple of weeks. Mike Bird had to resubmit the feasibility study for government approval with new ( and better for us ) numbers reflecting the post Asian-flu exchange rates and there were also problems with interpretation from English to the Indonesian language. The last hurdle will be approval from the Environmental Ministry.

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