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


To: WINNMAN who wrote (293)12/29/1997 3:00:00 PM
From: Joe King  Read Replies (1) | Respond to of 637
 
I have not heard of any new financing. According to their qtr report Ashton has discontinued work on the Kenieba project due to arrears in payment as of July 31st. They need to obtain financing to the tune of $1,750,000 for the coming year to continue operations. Joe



To: WINNMAN who wrote (293)12/29/1997 3:10:00 PM
From: gekko  Read Replies (1) | Respond to of 637
 
Leandro, yes the price jumped to .35 and now is looking at moving into the .40 cent range.The financing that was anounced is only a small part of what is to come.As I have statted in the past a major securities firm is already in the middle of a deal that will give Mink up to another 1 million dollars! Owning their own equipment this money should bring in a lot of results.My prediction is you will see the price closing in on 50 cents in Jan and looking at $1.00 in feb.How long I will hold my stock I do not Know, but if they find anything in nthe drill core hold on we all are getting a late Christmas gift
Happy New Years and here's to great success in 98!!
Gekko