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Gold/Mining/Energy : War Eagle Mining...[WEM:VSE]
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To: skelly who wrote (111)6/21/1998 2:04:00 PM
From: Robert Voigt  Read Replies (1) of 235
 
I talked to Andy Hay on Friday and he said a couple of interesting things.

1. Financing is NOT a problem

2. He is discouraged about the time it has taken to get results from Kennicott.

3. I think he believes the Mexican promitorious is the best future for this company. A joint venture is in the works, and MAY be announced by the end of the month.

4. He also stated that the stock has a history of wide trading ranges and that it has seen this price before. I don't have historical data to verify this.

Reading between the lines of what he was able to tell me, I wouldn't hope too much for the Kennicott results, but the Mexican promitorious looks good. Good luck

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