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Gold/Mining/Energy : TVX Gold -- Ignore unavailable to you. Want to Upgrade?

To: John D. White who wrote (699)	8/5/1999 10:25:00 AM
From: Steve Johnston	Read Replies (1) \| Respond to of 905

You might want to take a look at t.WRM. Their website is wheatonriver.com. They have cash, no debt, and earnings/cash flow from a producing, profitable mine in B.C. Their future (aside from better gold prices) is contingent on getting their Costa Rican property (which has a bankable feasibility study in place) into production. This investment is too large for WRM to do without either going into debt, optioning a %age to a major, or issuing new equity. At current depressed share prices, the last option would not be too popular with current shareholders, many of whom own at an average price of a buck. I bought more recently between 20-22 cents. Regards.