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


To: Hans Nonchen who wrote (710)10/8/1999 1:07:00 PM
From: Brian MacDonald  Respond to of 739
 
Hi Hans,

Sure hope you're right. The poor people in Timmins could use the work. Lots of people losing their jobs with the closing of two mines thanks to Royal Oak.

As for moving on, I really do hope that this thing turns out alright for everyone - as I still have a stake in this, albeit a much smaller value than the original amount. Given the leadership of Holmer, however, I will not be putting another penny in this company. Too much B...

Yes, we've had a crappy gold market and many have suffered. I can understand that and I've felt the pain - like anyone else involved in the mining market. That still doesn't change the management situation of Holmer - or should it be better described as 'mis-management'. Anyway, you know the story as well as I do so there is no need to re-hash it again.

BTW, I wonder how many galleons in Havana harbour have been explored todate. Given Holmer's help at the start of Visa Gold, we should get some royalties if or when they make a discovery.

Brian



To: Hans Nonchen who wrote (710)10/12/1999 8:48:00 AM
From: lorne  Respond to of 739
 
Hello Hans. This is the same report as Holmer only from St Andrews
point of view.
........... " Announcement of this joint venture is an exciting event for St
Andrew!" says Gryba. "Gold has made a rebound to over $US300/ oz
and we are initially targeting an open pit containing 300,000
tonnes grading 3-4 g/t. The Holmer gold system already has 5
parallel gold zones that are wide open to depth with high grades
typical of the Timmins camp. We think that a long-term,
underground mine is a real possibility." .......
Full Report >>>>>>>>>
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