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Gold/Mining/Energy : United Keno Hill, UKH, Toronto**** Opportunity Knocks!

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To: The Lone Ranger who wrote (1065)9/29/1998 1:14:00 PM
From: Kaiser Soza  Read Replies (1) of 1348
 
Hi Lone Ranger, Thanks for the house position listings. Further to my post on Sept. 16th the Maison Placements sell side had 0 buys and sales of about 370,000 shares. If you look back over the past 3 months the sales net in the 1 million range. If you look at the financials, this company has no money. Currently we do have an exceptional property, however they spent $490,000 in general and administrative costs in the 6 months ending June 30, 1998. This is insanity and does not include the property maintenance and rehabilitation, nor interest on convertible debentures.

-How come it took until Sept. 9th to post the June 30 financials?
-Who are Romith and Dominion, and why is the company owing Dominion more money on a continual basis?
-Why did 3 directors resign?
-How much stock do directors Harvey and Grainger own? Answer (Zero)
-Does the Procon deal involve actual money? Answer (No)

This company appears to me to be the personal "toy" of the guy running it. He will run it right into the ground, and that is too bad. Sad Regards, Kaiser...
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