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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?


To: Mark Bartlett who wrote (25)12/29/1997 7:47:00 AM
From: George J. Tromp  Read Replies (1) | Respond to of 2251
 
Hi Mark: From a pure exploration play this looks interesting. It seems
that they are trying to source a lamphroid deposit similiar to the Argyle.
The drawback in this early phase may be the waiting involved to
receive sampling results having to send their samples to Lakefield.
However it could be worth watching. It would appear they may be
on to something. I see one of the directors from Rex sits on their board. The balance sheet appears clean., some cash., what is their
burn rate and how close are they to issuing more shares.? Does the
JV ensure the major bringing the deposit if delineated to production.?
George