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Gold/Mining/Energy : Emgold-Lang Mining Group -- Ignore unavailable to you. Want to Upgrade?

To: robert b who wrote (65)	8/15/1999 9:56:00 PM
From: baystock	Read Replies (1) \| Respond to of 77

I think the scenario you describe is plausible and is what I am counting on to happen if the POG doesn't turn up before December. Since I believe Mr. Lang has a good reputation and a track record, the property owners would be better off working with him rather than forcing a default and taking back their property. By the way, I wonder if Emgold has considered selling out to the South African mining companies Durban Deep or Harmony. I own these shares too and I know that they are looking to diversify into North America. They are both experts in underground mining. Emgold could sell out for maybe 30 cents a share. Besides a 3x gain from the current share price they would get another 3x gain when the acquiring company's share price appreciates when the POG recovers. This would give shareholders a total 9x gain from the current price and minimize the risk going forward.