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


To: charred who wrote (119)3/28/1998 10:44:00 PM
From: Bat Man  Read Replies (1) | Respond to of 513
 
Charred,

I understand that this Company has about $11.5 million in the bank now,and are ready to drill (Sinchao) property again. Do you have any info on this property other than the 12 holes that have been announced? I know they have a 62 page geological report on the property and have asked for one. Have you seen it? I wonder where the money went also. Looks like about 40 something million shares out or fully diluted. I would be interested in any info you have.
Thks

Elmer Anthony



To: charred who wrote (119)3/29/1998 6:44:00 AM
From: Mark Calp  Respond to of 513
 
I can't say from where I received the info, but it was from a very reliable source and long time friend, and they told me a while ago that management is promoting emg once again. Buyer beware, as if this is the case it will be over quickly when it happens. Last year they took it to $6.00 level and then an abrupt ending with a sad story.
There are plenty of legitimate gold companies & even junior companies.

I personally can't confirm any of these rumours, but I did a search of the entire history of the trading patterns / news & PR's, and it could well be what many are claiming, so who knows.

Romarco Minerals (R on the TSE) is ready to roll, with a large Dutch firm just this weekend making a major recommendation on the stock. Completely safe at these levels (.60 - .70 downside if gold goes back down) and most likely a double or triple by August. Has been up to $7.60 and is now a prime candidate for a takeover.

Good luck with emg.

MC