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Gold/Mining/Energy : Northern Crown Mines (NCW-V) -- Ignore unavailable to you. Want to Upgrade?

To: akpirate who wrote (259)	12/2/1997 8:23:00 AM
From: Earl Pyatt	Read Replies (1) \| Respond to of 349

Their financial statements for Q3 show only 700k in cash. (They had 1.9 mill last year) I think this is a change in fundamentals. Who is going to finance this company in this market? (I guess this can be asked about any junior today). FWIW, only 500 shares traded at 20 cents (wow a whole $100). I am slowly coming to the realization that all my juniors are now worthless. EP

To: akpirate who wrote (259)	12/2/1997 9:52:00 AM
From: Claude Cormier	Respond to of 349

<< This was the situation in September. Do you (or anyone else)have any reason to believe otherwise today? Why the huge 50% drop in price today? >> Since September, NCW confirmed 1M ounces of gold equivalent..so that is an improvmment. However, gold has gone south.. The drop to $0.20 was done on 500 shares.. Bid was $0.20 ask $0.44. Somebody sold at market without asking if there was bids at all at the $0.40-$0.44...unfortunetely..there were none I guess.