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


To: tango who wrote (473)5/20/1998 5:42:00 PM
From: traacs  Read Replies (1) | Respond to of 784
 
Tango
I was told that the mill is operating.
If it is, would you not expect that WW Texas will be receiving income from this and then WWS since they own 75%
We will not see this JV making money for shareholders for 2-3 years. This release was a nothing release.
Regards
Klaas



To: tango who wrote (473)5/22/1998 6:14:00 PM
From: traacs  Read Replies (2) | Respond to of 784
 
Tango
I spoke with Wallace and he indicated that the Everest ISL plant had not been in operation since 1992 as I had previously posted . There is no income from this JV nor will there be for 2-3 years . They can however fast track this situation and be producing in less than 1 year.

Can you explain the following

"there has been a response by Kaz but sources are tight lipped( but confident it will be settled before long. the market has another opinion. "