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

To: Nicholas Rainford who wrote (612)	11/4/1998 10:14:00 PM
From: tango	Respond to of 784

this is just a re print of what they had written months ago. With a SMALL .06 bid all that we can be assured of is that nothing is going on. My question to management is with Mongolia down, no action in gold, no money to proceed in the US, and obviously little chance of financing, what the hell are you doing when you go to work everyday? There is only one rumor i am hearing now and that is that some of the large/non management holders are getting pissed and would be ready for a proxy battle. (something about running the firm out of cash to the point of bankruptcy tends to piss people off) Perhaps a forced sale of assets to a more competent firm would recover some of our investment. I may be responsive to a proxy fight. We'll see.