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Gold/Mining/Energy : Candela Resources Ltd. (CDD-V) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Dydo who wrote (7)11/23/1997 1:37:00 PM
From: Veteran98  Read Replies (1) | Respond to of 12
 
Doesn't look good for CDD. The company is in the hole financially after not coming up with anything on the Benin play. Unless insiders still hold a signifcant equity stake (which I doubt) it looks CDD is destined to be cleaned up and rolled back. The group who is behind CDD hasn't been very successful lately so I doubt they will be able to get anything going with the company under it's present structure.

Harry