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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)

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To: ASHLEY5 who wrote (367)4/20/1998 5:33:00 PM
From: Saverio  Read Replies (1) of 1208
 
Ashley5: answers to a few of your questions, "to the best of my knowledge" (i.e. I am not formally positive).
- I own debentures: it is my understanding that the interest is paid annually, on December 19, until maturity (in 2002).
- I am waiting for year-end results to find out whether any have been converted into stock
- Concerning Resources, they still have a few properties, as they are reporting some income/expense on their quarterly interim statement. Whatever they have is marginal: last quarter (to Dec. 97) they reported $95,205 resource revenue and $63,665 production cost for 9 months. In the back of my mind, I think I remember that they planned to get rid of the resources segment, but did not plan to give it away (however I have been unable to validate where I got this information from - I may be confused with another company).
That's all I can offer. Cheers.
Saverio
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