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Gold/Mining/Energy : Haddington HDN-ASX -- Ignore unavailable to you. Want to Upgrade?


To: Bob Lawson who wrote (35)11/8/1997 1:37:00 PM
From: Buckey  Respond to of 174
 
Bob: does your message mean that they need to raise $500,000 in additional financing in order to proceed with exploration?

And does this also mean that their treasuries are lower than this?

Excuse my ignorance as I am just becoming accustomed to the financing and overall operations of speculative exploration companies.

It seems that they are well positioned with a few properties in Timmins and that their overall market cap is low at ~$2,600,000 (~10,000,000) shares at ~$0.25.



To: Bob Lawson who wrote (35)11/15/1997 9:20:00 AM
From: Buckey  Respond to of 174
 
BOB;

Thanks again for the summary. How much of an impact does the CRN announcement of more drilling have on HDD??