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Non-Tech : Sungold Gaming International (SGGNF)
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To: J. Denno who wrote (1944)3/26/1998 7:00:00 PM
From: John Lawrence  Read Replies (3) of 5164
 
It's good to see some new names on the thread.

The thread has been quiet. There hasn't been much hard news to comment on. Kim says there will be a press release in the near future. It would be nice to be updated on what the company has been doing.

We know that the Gun Lake Band submission to the BIA is proceeding through the various channels for signatures before finally being signed by the President. We also know that the company and its advisors have been working long hours making presentations about Richmond Downs. The company is building consensus and momemtum.

What we would really like to know is what's happening with the Michigan JV. I have a feeling that the deal that's being cooked up may be better than we expected. It's certainly taking longer than we expected, but that's par for the course. I suppose it's one of those things that can't be talked about until it's finalized.

There's a couple of things I can think of now that are definitely on the plus side. For one, there is very little selling at the current price. Shareholders don't want to be left behind when the price starts to move. Secondly, with the way the economy has been going in B.C. lately, I think all levels of government will be attracted to a company and a project that can make a positive contribution.
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