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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Jane4IceCream who wrote (55966)	5/9/2000 7:31:00 PM
From: Anthony@Pacific	Read Replies (3) \| Respond to of 122087

I think KRY is nothing ..to buy..it looks terrible

To: Jane4IceCream who wrote (55966)	5/11/2000 9:07:00 AM
From: 1-DAY-TRADER	Respond to of 122087

freeway, U R absolutely right, KRY has many enemies, but PDG has even more enemies in Venezuela now, that PDG itself has warned that its investments in LC might be written off, as they declared ih their latest balance sheet: (e) On July 15, 1999, Minera Las Cristinas C.A. (``Minca''), a joint venture between the Corporation (70%) and the Corporacion Venezolana de Guayana (``CVG'', 30%), suspended construction of the Las Cristinas gold mine project in Venezuela due to changed gold market conditions and inadequate gold prices. The work contract between CVG and Minca, under which Minca holds the right to explore for and exploit gold from the Las Cristinas property, allows for a suspension of the project for a period of 12 months. After this period, CVG could commence proceedings to rescind the contract if no agreement is reached. On August 4, 1999, Minera Albino, C.A. (``Albino''), filed with the Supreme Court of Venezuela a complaint challenging the work contract. The Trial Court of the Administrative Chamber of the Supreme Court rejected the complaint on the basis that Albino did not have legal standing to sue. Albino has appealed that finding. No decision on the appeal has been announced. Pursuant to a 1999 amendment to the Venezuela Mining Law, on December 22, 1999, Minca applied to the Venezuelan Ministry of Energy and Mines to convert the work contract into a concession. Should any of these developments evolve in a manner that is unfavourable to the Corporation, the Corporation's investment in Las Cristinas, which at March 31, 2000 was $116 million, may become impaired. this might tell you something too, PDG no longer has an office in venezuela ...