Steppe Gold (SPE:V) Message Board

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

SPE 15.22

+0.1%

4:00 PM EST

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To: tango who wrote (745)	3/19/1998 2:12:00 PM
From: John Menzies	of 1248

Our licence obligations are clear - On the Mizek licence wehave an expenditure commitment of less than $1 million including the development site. Under out agreement with our partners we fully in compliance. In additiona we have as part of the bank financing procedure writtten comment a couple of months ago from the Committe on Foreign Investment and te Ministry of Ecology and Natural Resources stating that our landholdings are in good standing. I will get some more accurate figures and post them at some stage.

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