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Gold/Mining/Energy : MINK MINERAL RESOURCES -- Ignore unavailable to you. Want to Upgrade?


To: Joe King who wrote (286)12/18/1997 11:14:00 PM
From: WINNMAN  Respond to of 637
 
Joe King.. Did you read the financial report.....in the last part regarding the properties they have they say that they have found 24 kimberlites
pipes. The Diamond expert Dearn Lee say that they have identified
ten priorities targets and that some of them appears to be the source of the large Kenieba diamond (232,137,102, and 98 karats.These ten targets are the object of the Mink-Ashton detail exploration for the current season.
They have potential reserves of 750.000 oz of gold.
I think there is a good potential in here, rpovide they get financing. In any case I don't think that Ashton of Autralia( Very strong CO) will this project die.
I hope I am right
leandro



To: Joe King who wrote (286)12/19/1997 9:28:00 AM
From: Davey Stuart  Read Replies (1) | Respond to of 637
 
Joe King,

Thanks for your response. I agree with your point about their burn rate. Have you ever seen the equipment and the office space they have? It must cost a fortune every month to keep it running. They also have a lot of people running around that office.

I think Ashton is probably licking their chops waiting for Mink to fail in their spending obligations, so that they can take this property off Mink's hands.

That brings me to my first inquiry. HEY GEKKO!!! What happened to you?? Did your options run out or what???!!! Is the financing going through?

At these prices it very tempting.

Davey