Update from RickStatus 8th of June, since everyone should have same info, give him a call to verify. Last year from 0.08 to 0,30, with this info and 30mil outstanding great return on investment ;)
Hi Hans;
Here are a few of the things in the works:
- A senior geologist who resides in Indonesia and is very familiar with the project is arriving this week-end and we will be reviewing the status of Tewah and other opportunities;
- We are in contact with another senior Indonesian geologist who used to work for us and is now available again to spear head the project;
- He in turn has recommended that we retain a former mines department engineer to assist us in title matters.
So we now have proper representation over there and hopefully will be able to resolve the various title impasses.
We have also been offered a series of other properties within the former concession to joint venture or purchase. These will be looked at if and when the title matter is resolved.
It certainly is taking longer than anticipated and it is frustrating. I apologize.
Yours truly,
Waseco Resources
Rick Williams
(416) 364-31243