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Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto)
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To: I_C_Deadpeople who wrote (181)2/10/1999 7:02:00 PM
From: Steve Johnston  Read Replies (1) of 350
 
WRM must plan to generate considerable cash/financing to bring the George Lake property past the feasability stage, and into production. There is nothing there right now, to my knowledge, but a few drills, a few sheds (igloos?), and a small airstrip. And the nearest road is probably over 500 miles away. Having said this, the gold is there, and likely at a good low cost. I share the sentiment that it will eventually prove to be a good acquisition. But do your own due diligence, I am sitting long, with rather massive paper losses on this stock. Regards.
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