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Gold/Mining/Energy : El Misti Gold Limited (EMG V) -- Ignore unavailable to you. Want to Upgrade?


To: W.J. who wrote (118)3/28/1998 8:53:00 PM
From: charred  Read Replies (2) | Respond to of 513
 
I don't agree completely with you W.J. The company does have money in the bank and I believe they have one good property (Sinchao). The Santa Rosa is small but it can produce some revenue. Anyone knows what are the capital costs of the project?

Good Management I don't believe it. Good promoters yes. The reason is they did a s%&t load of financing last year and they still had to settle a debt with a drilling company by giving them shares. Where did the $16.4 million financing go? It makes one wonder.