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Gold/Mining/Energy : Waseco Resources Inc. -- Ignore unavailable to you. Want to Upgrade?

To: DRT who wrote (5)	10/24/1997 11:25:00 PM
From: CIMA	Read Replies (1) \| Respond to of 60

The final feasibility study was submitted this week as you indicated. A press release from their IR people will be out next week. No news on the dredge as of yet. Tikkakur is estimated to contain between 3.5 and 7mm oz. according to one of their board members. If true, here's a stock with between 7-10 mm oz, only 12mm shares out, trading at a quarter. The future depends on funding, the gold is there. Tewah cost per oz. supposed to be $123. Doesn't matter what happens to the price of gold, it's profitable.