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Gold/Mining/Energy : ECHARTERS -- Ignore unavailable to you. Want to Upgrade?


To: Bill Jackson who wrote (2704)6/29/1998 10:21:00 AM
From: E. Charters  Read Replies (1) | Respond to of 3744
 
Huge diamonds, as big as my fist, littered
the property. They had to use power monitors to
wash away the fine diamond dust as it cut the
workers feet. The large stones were removed with
wheelbarrows get at the valuable guano underneath.

Now that there is a market for the white stones we
can take a renewed look at the property.

:)

And you can be a partner in this exciting search
for pennies a share.



To: Bill Jackson who wrote (2704)7/1/1998 12:41:00 PM
From: John Stokes  Read Replies (1) | Respond to of 3744
 
Bill! Here is an interesting scenario of recent events.
SPE offers for goldbelt in Kazahk-- resource reserve 6 million oz. au.
SPE outlined reserves 7 million au. or equivilant
ANZ buys into SPE 20%
KMC.U has outlined 5 million au. or equivilant and 28 mill work cap.
KMC.u trades in US funds and British in origin with probable solid
financial funding foundation and ANZ and SPE I believe are both managed from Aussie origin. This looks like a promising buy out
prospect with KMC. as the bidder. On a one for one basis this would be
a base of app. 70,000,000 shares with a resource of 18 million oz. au
oil interests and considerable unexplored mineral resource territory.
The 18 billion influx from the wmf to asia will buy a lot of resources. If I was a director of KMC I know what I would be doing, but the main question will be the structure of the offer if and when
it comes. This is somewhat enhanced by the development of leaching
facility already underway by SPE. Also if this takes place what might be interesting is the ratio of an offer to the recent ANZ purchase of
SPE shares.