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To: goldsnow who wrote (3004)11/9/1997 9:39:00 PM
From: rdww  Respond to of 116815
 
Kaz does suck when it comes to proper business deals. Placer got back $25MM of the $35MM deposit. It is in the bank.



To: goldsnow who wrote (3004)11/10/1997 8:35:00 AM
From: goldsnow  Respond to of 116815
 
South Africa contracting...

biz.yahoo.com



To: goldsnow who wrote (3004)11/12/1997 12:51:00 AM
From: Bob Tate  Read Replies (1) | Respond to of 116815
 
Response to the post #2998

If Kazakstan is so bad for mining investment why all these major mining companies falling over each other in 1995 to grab 13.5 mil oz Vasilevskoe gold deposit ? In fact failure of Placer creates opportunity to the next company in this case Malaysia Mining.
Any company can walk away from the deal if it was structured properly. Companies often pay
agreed amount of cash as part of deal upon signing documents. Such cash proves they are
serious , gives them exclusivity, access to full documentation.

Post #2998 presents one side of the story. I gues we will never read
the other published in Kazakstan Dayly.

P.S. Placer can always invest in North America if they can find such deposits, or invest in
Indonesia where local government will grab half after you explore and identify it.



To: goldsnow who wrote (3004)12/11/1997 10:26:00 AM
From: Bob Tate  Read Replies (1) | Respond to of 116815
 
Just found your posting on SI and was not shure if I sent you response.
Here is address of Gordon Feller weekly report on mining events in CIS
countries. He has this report since early eighties. I do not subscribe
but read some free staff. It si very informative.
This issue touching Placer Dome problems vith Vasilevskoe gold deposit in Kazakstan.
info-mine.com

Thak you for Pan America update.
Silver touched $6.10.
Too bad my options expired in November.

Reards