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Gold/Mining/Energy : FASC (First American Scientific Corp)
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To: Coho who wrote (551)10/19/1998 8:59:00 AM
From: jmt  Read Replies (1) of 972
 
Don:

The question that I keep asking myself is why has the partnership and the funding not materialized to date. While there are what I see as 3 major events under evaluation, wood chips, sludge and rubber, is the JV waiting for one single event where they see the potential to be proven? If so, which may have the largest potential.

But it is a fact as of today no money has been committed to the company, even at these low equity prices.

Long and Cautious.

jmt
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