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Gold/Mining/Energy : Major General--MGJ

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To: Steve Joy who wrote (1072)1/9/1999 12:27:00 PM
From: Steve Joy  Read Replies (1) of 1707
 
Uptick the news release of the El Strato was released on 01/12/98. This property used to be staked buy the famous Chris Verbiski, But he moved to larger projects LOL. This is one of the greatest gold showings on the Baie Verte that is yet to be drilled. I have seen samples that my buddy has taken from there, they look fine. My friends were hoping to get to run the drill program but the company insisted that they do it themselfs. I didn't realize the stock was as low as it is. There is a clause in the contract that if the stock is below .20 the company will pay cash instead of stock. I guess that is done just in case the company is in trouble.
Steve
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