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Gold/Mining/Energy : WWS.T World Wide Minerals -- Ignore unavailable to you. Want to Upgrade?

To: Ray Emery who wrote (425)	4/24/1998 6:43:00 PM
From: tango	Read Replies (2) \| Respond to of 784

here is what i learned today... The uranium deal signed has nothing to do with wws. The properties mentioned are those that WWS was on but it appears the mentioned bank is in the habit of handing out loans and securing with hard assets(such as these properties) then when borrower defaults,(happens a lot with some of the oil plays) the bank takes the assets. WWS has informed the necessary parties months ago that the deal cannot be struck without a settlement and the government does not back this plan. This deal is NOT done. Company still believes a settlement will be very soon, but it will be cash first, deal later. Apparently other good things are close...rah rah etc. etc. Stock showed strength at the end of the day, was .30 to .33 Scotia buying. mutual fund left a big bid at the end of the day at .30. They have sold 700,000 and it appears they may be done.