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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (2854)1/22/2003 5:42:18 PM
From: Fishfinder  Read Replies (1) | Respond to of 5423
 
They have a web site.
Also they have a SI thread.
In a nut shell they have probably over a 1mil oz resource and inferred calc on one spot, along with exellent drill results on another spot 20 miles away, South Benso.
Also they just purchased a property in Burkino Falsi (sp)? that is apparently very promising.
They have $4mil in the bank.
The down side they got caught up in the high tech frenzie when gold went into the sewer with 9mil in the bank and got hounded into a couple of stupid high tech moves blowing a bunch of cash.
The market didn't like it and it has taken a while for investors to warm back up to these guys.
I've been with them since 1997. At the time I told them not to open their purse to anyone and hold the course in Ghana.
BUt when you have 5to 10 tech wizards pounding at your wallet every day and the tech stocks fly straight out of your brief case to $100.00 a share the temptation was great.

Anyway this stock once traded avg$5.00 at POG $350.00 on a way less gold and drill results than we have now. And the Co. is back on track fully focused on Gold.

regards

scott