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Gold/Mining/Energy : Greenstone Resources GRE.T or GRERF OTC -- Ignore unavailable to you. Want to Upgrade?


To: Joe Gun who wrote (921)7/16/1999 8:47:00 AM
From: Steve Johnston  Respond to of 1005
 
Very true. Let's all hope, that is if you hold the common, they manage to scrape up the cash to fulfill (your) point #1. Regards.



To: Joe Gun who wrote (921)7/16/1999 2:33:00 PM
From: Dave Gahm  Read Replies (1) | Respond to of 1005
 
Joe,
Is your update based on any new conversations with the company, or some other fresh information? I got the impression that the company had backed away from the debt to equity plan and believed that they would have the cash flow to make the August payment. Can't argue with your #2 statement, in this gold share market they will have a hard time finding a buyer willing to pay more than the amount of the outstanding debt.

Regards, Dave