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Gold/Mining/Energy : Kap Resources (KAR.TO)-give it a little time, 'ey! -- Ignore unavailable to you. Want to Upgrade?

To: marc p. aube who wrote (5)	7/23/1998 10:16:00 AM
From: D.E. Shetland	Respond to of 38

That share placement, however, was done to the GE/AIG Latin American Investment Fund. I don't think you'll see that money come out as it relatively long term. There were other placements done 2 years ago though and that's getting rather stale. I think your target of $10 is rather high, but I guess it depends on prices and whether they find more resource in their concessions. I'm targeting something closer to $4-5 in the next 12-18 months.