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Gold/Mining/Energy : Latitude Minerals LTU.V -- Ignore unavailable to you. Want to Upgrade?


To: skelly who wrote (200)12/14/1998 11:11:00 AM
From: Paul S.  Read Replies (1) | Respond to of 366
 
Sorry, I don't have an answer to that.

If I thought it would drop this low I wouldn't have bought at 0.45-0.50

I don't imagine the SVB play helped the share price much. But remember first and foremost this is a gold exploration Co.

I think the question you should ask yourself is not why has this dropped 50% but is this the bottom. Remember we are talking about a company with proven reserves.

This is from the latest NR>

>>The company is currently developing four advance-stage gold projects in the Western United States with proven and probable reserves of 1.85 million ounces of gold. Additionally, the company is currently evaluating several advanced-stage gold deposits in the Western United States that have the potential to significantly increase the resource base of the company.<<

I think we can expect more news in the near future.