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Gold/Mining/Energy : Kazakhstan minerals KMC.U -TSE
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To: Maureen Luck who wrote (71)1/6/1999 6:32:00 PM
From: Michel Landry  Read Replies (1) of 112
 
As of 30 Sept 98 there was US$7 millions in the bank, at a rate of US$150000 a month it gives us about 43 months left to start making money. What do you know about the political climate out there? Is it still favorable to foreign investors? If so why do you think that the stock doesn't pick up ? The cash value (assuming that there is still only around 25000000 shares out there) is about $0.26 not counting the properties value; therefore the shares should be trading much higher. Are my numbers way off? Am I the only one seeing this one as a good investment? I know the market is shying away from gold juniors but we all know that it is temporary and that it is only a matter of time before the price a gold comes back up, so what is the problem? Am I missing something?
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