By the way, the last quarter of 1997 shows a tremendous improvement in the loss figures.
WHAT IMPROVEMENT THEY NEVER FILED I WONDER WHY? A filing can shed allot more insight on what is taking place then a general statement that is based on nothing.
FORM 12B-25
NOTIFICATION OF LATE FILING
Management expects to show operating losses in excess of $270,000 for the three months ended 12/31/97; and in excess of $4,000,000 for the year.
PART III -- NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 20-F, 10-Q or N-SAR or portion thereof, could not be filed within the prescribed time period.Additional time necessary to obtain information from Bolivian subsidiary.
As far as IKAR taking a big loss direct me to some information that supports what you say instead of I am SURE that is a pretty lame reason. I am confident on future news releases from Ikar that it will have meat to it to begin the mining of their property with well known names attached. Direct me to one of MINES news releases that have anything of substance ANYTHING. You said that IKAR was not accountable of the news releases they issued based on the fact they are non reporting, that is totally 100% false any news release comes under the scrutiny of the SEC and they do act on false or misleading releases.
I do not wish for MINE not to be successful I hope it is, for I wish for no one to lose money. The comparison was done in poor taste. I feel IKAR has a huge short position in it and I am always leery of the intent here, I like IKAR and not MINE and I am basing my opinion of MINE based on them painting a pretty picture with no substance. Does MINE have documented proof of the metals content they claim IKAR does, Kilborn in fact backed up the Russian report and it is all documented I have their report in front of me end of story. |
