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Gold/Mining/Energy : Holmer Gold Mines

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To: Ken O'Connor who wrote (1)9/14/1996 9:40:00 AM
From: Brian MacDonald   of 739
 
Holmer certainly has the property to become something in the Timmins
area. Remember that they have the old Holmer Gold Mine there already
and they seem to know where to drill. I look for some great high
grade cuts. At $1.60 the stock is undervalued. I believe that
management wants to see at least $5.00. The private placement was
at $1.45 so anything close to this isn't really a bad purchase. If
you get a chance to buy it lower, don't miss out.
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