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Gold/Mining/Energy : Conquistador Mines Ltd. (CMG-V) -- Ignore unavailable to you. Want to Upgrade?


To: Chuca Marsh who wrote (1385)4/15/2001 2:31:15 PM
From: sana  Read Replies (2) | Respond to of 1419
 
Chuca, I give you credit for finding a ray of hope in an
other wise bleak situation. With you're optimism you would
have happily taken a front row seat as the orchestra
played and the Titanic sunk.
The facts however don't support any optimism.
1. No viable company has seen enough potential in the
Nevada property to form a jv with CMG.
2. Epix is looking for a 'private'placement of 1 million
dollars. Based on #1 who are they going to find.
3. CMG's last NL pretty much lays the ground work and
prepares one for future bad news. That is, they say there
is "no assurance" the financing agreement will be successful. They go on to outline their next step,
that is...."share consolidation".
Share consolidation is really no problem....I'll have fewer
shares worth nothing instead of a lot of shares worth nothing.
oh yes, Happy Easter..dumb holiday but thats another story.



To: Chuca Marsh who wrote (1385)7/26/2001 9:10:44 AM
From: Chuca Marsh  Respond to of 1419
 
Dam Straight in the Nevada Sun, Nik eat dust :
..""//
under that table ::
""..
The Askew and Associates prefeasibility study forms the basis for establishing a minimum resource for the property. We are currently looking at the metallurgy of the ore to establish the feasibility of including the lower grade material in the future. Nonetheless, the company believes that to increase the tonnage to a minimum of 500,000 tons is highly probable and it is possible to attain tonnage in the range of several million tonnes in the following exploration scenarios.
Previous, but limited exploratory shallow drilling has been done in the Key West and Great Eastern Mine areas controlled by Conquistador, but by several other companies
..//""
ChuckaSEVERAL OTHER-damstraight