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Gold/Mining/Energy : MINK MINERAL RESOURCES

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To: Jim Andrews who wrote (547)11/6/1998 11:45:00 AM
From: Joe King  Read Replies (1) of 637
 
I finally talked to George few days ago and they are trying to raise $300,000 for a gold processor. They want to open up the gold side of Mink and when they do it should produce $200,000 per mon in revs.
A news release might be out in the next few weeks regarding an aquisition of another property, Times are tough but they are tough on all jr's. Ashton is without a President and revenues are way down and that is one of the reasons why we are not getting drill results.The last promise from Ashton was in 3-4 weeks. Nobody on the property right now and Mink has cut back to smaller offices. They feel they will make it thru this bad period and if Ashton drops out they have other people interested. All we can do is hope for the best. Joe
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