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Gold/Mining/Energy : Pure Gold Minerals (PUG)-TSE
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To: Maher Sid-Ahmed who wrote (700)7/28/1998 10:22:00 AM
From: BWEEB  Read Replies (3) of 1030
 
Don't worry too much about the cash requirements needed to hold all of the Alberta properties. I think that AEC may use some of their expendetures (ie: seismic, geophysics ect.) to be used to hold title on these properties well into the year 2000+. I also suspect that PUG will finance the Africa project on it's own merits. They have indicated that they would not use any existing funds to pay for the African aquisition. I think that PUG is positioning itself to be the next Suthern-era. SUF never kept all their eggs in one basket (although they were also criticized for spreading interests to thin) and look at the results!
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