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Gold/Mining/Energy : Cadre Resources (CSL.V) Awaiting production #'s and Financ -- Ignore unavailable to you. Want to Upgrade?

To: Krikor who wrote (692)7/29/1999 8:51:00 PM
From: George M.  Read Replies (1) | Respond to of 1285
 
Krikor: Are you saying that Cadre doesn't own the property or they just think they own it.
Regards,
George.



To: Krikor who wrote (692)7/29/1999 10:17:00 PM
From: Francis R. Biscan Jr.  Respond to of 1285
 
Hi Krikor,

>>If the ownership would be confirmed, I beleive the market will react. So far there has been no PR re Cadre's ownership.<<

I think you are right Krikor. The percentage that Cadre ends up with is an important number in the math and will only be determined in the formal JV agreement. My expectations are for between 25% and 45%.

I will be very happy with a carried 25%.

Rich


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