WWS.T World Wide Minerals Message Board

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Gold/Mining/Energy : WWS.T World Wide Minerals

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To: traacs who wrote (459)	5/14/1998 5:06:00 PM
From: tango	Read Replies (2) of 784

Now that i have more time, as i mentioned back in jan, i believe it is urix for the reasons Wallace Mayes connection It is a producing co with contracts They have had difficulties for several years now It is very cheap at almost 50% of asset value The reasons that i think it is a jv is URIX is closely held by some large holders(money managers) that payed much higher prices Has a market value (not including a takeover premium of over 45m US )which would put it out of range This co is running very tight now so i think they will be partners on a project with URIX. This is suppose to bring in 1m lbs of production annually. we need focus outside KAZ.

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