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Gold/Mining/Energy : Cross Lake Minerals CRN -- Ignore unavailable to you. Want to Upgrade?

To: Just G who wrote (3492)	2/7/1999 5:36:00 PM
From: dave brown	Read Replies (1) \| Respond to of 3650

I know of Middleton, and I am sure if it were up to him, the drills be turning right now. This deposit has to be drilled off one way or another. Cash is there, so giddy up. You see the $2.1 million left is hard money, meaning management could continue to pay themselves salaries or whatever without spending another dollar on exploration until she's gone. I doubt this will happen but a possibility. But the longer they stall drilling, more cash is spent on management and office expense and less on exploration. Its the exploration expenditures that give shareholder value at this point of the play. Cross's lack of activity has given investors more reason to play elsewhere (NWI) and if she gets hot over there, gonna be hard to get them back!!