klaus eckhof

Cabe,
Talked to Klaus Eckhof today and he said the upgrade will be around mid April with a upgrade of between 5-6 million oz(WOW).

The listing is now in May because the lawyers ect are still finalizing the merger but nothing to serious.

I asked him what the political situation is like in the Congo at the moment and he said its not bad and there is no problems where MTO are,also the UN are strenghtening to gain further stability in the region.

He also agreed this is what is holding the price down.

One last thing he said is that there are a few "majors" interested in MTO and will probably see something happen within the next six months.

MTO are going to be exciting to watch in the next few mths and if the political situation stays the same there is no doubt the price will move-just have to be patient.

Cheers