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Gold/Mining/Energy : MONEY GUILD INC.---OTC:(MYGD) MAJOR Diamond,Gold Discovery -- Ignore unavailable to you. Want to Upgrade?


To: Syncrude who wrote (342)12/2/1998 7:51:00 PM
From: MoneyMade  Read Replies (1) | Respond to of 473
 
The preliminary market evaluation, submitted in the VEAMCO Plan and
Executive Summary, indicated a conservative net average value of $80 US/M3 post harvesting. According to the independent Forestry Engineers report, an average of 35.77 M3 per hectare could be expected to be harvested from this concession. The projected value of the exploitable timber on the initial 10,000 hectares (25,000 acres) described in the report is approximately $28,000,000 US, net, post harvest. As the area demographics are essentially consistent throughout the concession, the projected overall value of the entire concession of 143,775 hectares (355,000 acres) is estimated to be approximately $400,000,000 US, net, post harvest.

Assuming you were correct...how many more shares would the company have to issue?

Current share price .29
Outstanding~7.2Million

"Funny that they should announce the "value" of the property belonging to someone else, BEFORE they actually become the owners



The asset of the joint venture would be the woodcutting lease agreement #4193 for the exploration, harvesting and export"rights.

Please read closely...

Money Guild, Inc.
Wood Lease Concession Guyana
VEAMCO, C.A.

All appear at the bottom of the timber cruise




To: Syncrude who wrote (342)12/3/1998 1:11:00 AM
From: MoneyMade  Read Replies (2) | Respond to of 473
 
God this is funny..."Up till now, I have not seen any evidence of how they can meet their financial commitments to pay for the option. Logically, if they don't have the cash, they must raise funds. Thus sell shares. The idea is that with a higher price, they need to dilute less. No?"

Syncrude have you ever heard of financing....
Similar i'm sure in the same way that the principals bought the company.

Stay tuned, in 2-3 weeks we'll be looking at a new MoneyGuild
possibly, I hear the name may change but what the hell do i know...