Atacama Minerals Message Board

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Gold/Mining/Energy : Atacama Minerals

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To: Tomas who wrote (65)	6/25/1998 9:18:00 PM
From: kingfisher	Read Replies (1) of 105

Nice move past couple days on Atacama.Up again today closed at .90cents up from .70cents.Are we close to an announcement on financing? Perhaps some investors would be interested in knowing that a strong U.S dollar and a weak peso is positive for Atacama as many of the capital costs will be peso dominated while financing will be raised in U.S dollars.Also the caliche ore deposit is not similar to what Kap resources is mining.The Kap deposit is in nodules which they must locate and mine.The Atacama deposit,although variable in grade,is a continuous shallow evaporite deposit containing the minerals which Atacama desires to produce throughout. Lets hope for better days soon Richard A recent investment report a few days ago painted a very rosy picture for investment in Chile despite the Asian Crisis.If I can find it I will post it.

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