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Gold/Mining/Energy : Mountain Lake Resources Ltd ( MOA) VSE

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To: kevin joseph who wrote (299)4/17/1999 10:26:00 AM
From: Peter Bourgeois  Read Replies (2) of 598
 
Hello Kevin,

It has been a long wait but I believe that we are finally on our way. There is enough money to begin drilling in NFLD although I do not know how much money will be required to bring the property to the stage that Noranda will take over if they strike enough gold.

The cash from the Diamond properties will certainly give more flexibility to the company.

I do not know how much is held by insiders, maybe other posters can impart that information.

Cheers !!! Peter
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