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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL

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To: Gary S. who wrote (1929)5/24/1998 2:28:00 AM
From: Peter Neidhardt  Read Replies (1) of 2635
 
Gary, I agree at .30, what is the risk? Please don't go and tell me that companies are not able to make mistakes. There will be other Bre-X's(or closte to) out there (Golden Rule, Crystallex....we'll see) and will all be perpetrated by individuals who take advantage of people's weaknesses(Kinross's money and good name).

I am not saying Mirandor is a fraud, I am just saying that I have heard questionable things about management and I still haven't received an answer as to what exactly happened with Braexor. An investor of MIQ would want to know what transpired in order to have the half-million PP cancelled at the last minute and why the company was de-listed my the Montreal Stock Exchange. Mirandor has some good properties down in the Carlin Trend with very low production costs.

All I am saying is to be cautious and not to over exend oneself on this play.

P.S. Greystar is a Kinross partner that has some good potential as well....check out their site on SI!!!

Pete
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