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Gold/Mining/Energy : ECM.VSE - El Callao Mining.

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To: virginijus poshkus who wrote (1160)6/13/1998 8:01:00 PM
From: John Soileau  Read Replies (1) of 1253
 
KRY will be a mess. The V. authorities will not be friendly...
and KRY will be embroiled in litigation for years. That's my prediction. Not a clean investment. And they may or may not have
the ozs. being attributed to them by ECharters and others.
Extreme caution is the way to treat any information about the other
assets in KRY. I just think it is, and will be, a mess to be avoided.
Glad it's over (but sorry about the damage caused), since it frees up
other projects in Vz. BGO IR actually told me last year not much would happen at ECM until the KRY drama ended. So here we are.

ECM at .40 with NO baggage looks much better.
Regards, a cold Corona to you
John
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