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


To: Steve Stakiw who wrote (3637)8/12/1998 3:54:00 PM
From: GWalker  Read Replies (2) | Respond to of 4057
 
So I guess this means that Fairmile has struck out in trying to find a new partner and screwing investors, once again, through issuing lots of low priced stock for a very small amount of money.

Question: how much of this will go towards drilling and how much will go to pay the salaries of principles seeing as they haven't been able to make any money cleaning themselves out of their new options?

Steve, as meanspirited (yet deservedly) as i have phrased this question, I am interested in the answer.



To: Steve Stakiw who wrote (3637)8/13/1998 12:32:00 AM
From: George Hassen  Read Replies (1) | Respond to of 4057
 
Steve,the company is just wasting its time down there.600,000 ounces is a joke.Even if the company were to waste its time expanding the deposit to a million ounces,so what?Any shell company can pick up a million ounce deposit anywhere in the world for peanuts.Nobody would care.