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Gold/Mining/Energy : Anglo-Swiss (ASW-Montreal) Sapphire Discovery -- Ignore unavailable to you. Want to Upgrade?


To: paulc who wrote (38)8/24/1999 12:54:00 PM
From: D. Wei  Read Replies (1) | Respond to of 68
 
What is going on, you ask? The answer is simple… this company does not have funds or a business plan to raise the funds necessary for production!

Chris at Anglo Swiss told me that they do not have a business plan to present to investors nor are they in any hurry to make one available. Who would be stupid enough to invest in a company with no business plan? (besides me)

Excavating can only be done in the summer…guess what, summer is almost over and next to nothing was done on the property. Reason being no business plan, no money and also management does not seem to be interested in mining the gemstones out of the ground.

When we spoke, Chris said they are not removing gemstones from the main discovery site because they the looking for stones that are easier to remove and they are searching for jemstones in the loose gravel by the river. Why??????, and guess what even if they can find stones it's illegal to mine near the river. Question, is there anyone there that has mining experience? You might not want to know the answer.

Frustrated Shareholder