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Gold/Mining/Energy : Dakota Mining DKT
DKT 25.000.0%Dec 27 4:00 PM EST
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To: bob k who wrote (45)5/14/1998 8:13:00 PM
From: Jaunatxo  Read Replies (2) of 141
 
To: Jaunatxo
From: Jaunatxo
For the record , the difference between the reported amount on the leachpads in Nov and sales reported in '97 will appear as sales in '98, the majority of costs have been booked in '97, it must be remembered that operations are seasonal and last year were plagued by drought, hence the 200,000 figure was not attained. The proceeds are controlled by the creditors , currently there are ongoing negotiations between the company and the former. In summary the situation looks like a hold for the time being .
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