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Gold/Mining/Energy : Any Good Penny Resources Left? -- Ignore unavailable to you. Want to Upgrade?


To: paul s. who wrote (494)11/18/1997 7:04:00 AM
From: Francis R. Biscan Jr.  Read Replies (1) | Respond to of 753
 
Cadre original post on this thread is 388, for your spreadsheet.

On Cadres current situation; they are still very close to one financing and another group has aggresively come into the picture. Though I thought we would have had it by now, we are still very close, and it could happen at anytime. I have also heard that this project can support itself, via debt financing, all the way down to $240.00 gold. That is without the added value of the diamonds, gravels, or titanium black sands, which would not come into the picture for approximately 6 months after a financing. It is expected that Bateman will take 2 - 3 months to complete the bulk sampling program.

Rich