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Gold/Mining/Energy : Steppe Gold (SPE:V) -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (575)1/28/1998 6:06:00 PM
From: Robert Dydo  Read Replies (1) | Respond to of 1248
 
The news made it to the website:
info-mine.com
John we need your personal comment.
Robert



To: RMF who wrote (575)1/28/1998 8:40:00 PM
From: John Menzies  Read Replies (1) | Respond to of 1248
 
The SPE startegy has always remained the saem - develop the Mizek project - which is expectedto be a very low cost producer and use the cashflow to discover or acquire other gold oxide deposits in Kazakstan. A good exploration team needs a solid exploration budget commitment for 5 plus years and the results are almost always forthcomming - we want to make a major discovery and develop the business.

This strategy has remained the same since day one. Oil? on our existing acreage the potential is limited as the rocks are the rong age but the potential elsewhere in teh country is excellent and we may look at this in the future.

Regards
John Menizes
steppe-gold.com



To: RMF who wrote (575)1/28/1998 8:51:00 PM
From: John Menzies  Respond to of 1248
 
PRESIDENT NAZARBAYEV COMMENTS ON KAZAKSTAN
New Europe Newspaper

By the year 2030 Kazakstan must become a Central Asian mountain lion and a model for other developing countries, President Nazarbayev told the parliament.

"Kazakstan's future is not in planning or government controls but in the energy of free people devoted to their country"

"We are trailing far behind and must hurry to catxh up with the world"

Regards
John Menzies
steppe-gold.com