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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?


To: BigTex who wrote (3061)10/1/1998 5:21:00 PM
From: Gordon Gekko  Read Replies (1) | Respond to of 5908
 
Here is another Jeffrey note from a few days ago.

The garnet property and customer:
We are having samples tested to determine the exact crystal. There are two different types present. Customer; we are awaiting answers to many questions so we may fill the order. We expect to be onsite next spring doing road work and beginning and initiating the flowsheet for production.

Gold property development:
Drilling begins in the coming days of four holes to 300 meters. 2-inch core that will help the quantification process and show the depth of the zone.

Company exposure: (I was asking about spreading the word)
to what, we have no extraordinary liabilities

Capital requirements:
We have sufficient capital and sources for it

Possible joint ventures:
Like any business, we have deals in the making each day, you may not have privileged information ahead of the public if such news was to be forthcoming.

CMI's response to the rejection of their buyout:
None.