Geodex Resources - GXM.V (was Agate Bay ABE) Message Board

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Gold/Mining/Energy : Geodex Resources - GXM.V (was Agate Bay ABE)

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To: Hugh M. who wrote (168)	7/22/1998 3:10:00 PM
From: Baywall	Read Replies (1) of 210

Re: Chimborazo, Not having talked to management recently about the project I can't give an answer right now. Whether Cyprus will place into inventory or wait for a proposal from someone is unclear. Copper may rebound in the future. Some estimates say 3 years and so forth. Not many brokers are willing to finance base metal projects for now. Many projects are LT in nature, but financially, institutions take a ST view. The project currently being sought does not involve base metals. LVL

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