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Gold/Mining/Energy : Micro-Fine Gold Plays - Franklin Lake, etc.

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To: Victorio who wrote (12)11/18/1996 1:20:00 PM
From: George Alazar   of 615
 
Robert: Thanks for the details on the difference in approach of IPM and GPGI. It makes sense to me that CHIP should show the metal first since they come directly out of the Naxos experience. Trying to prove reserves via the assay route has been painful for Naxos : it would be ill-advised to repeat that approach for CHIP. Wow, if this stock is only beginning to get known and this is the response, I can only imagine what will happen when news hits the market. I think the first wave of informed serious buying is happening now. Robert, I have to congratulate you for alerting these forums about CHIP before this big run-up. I don't want to sound too optimistic here but money is beginning to flow out of BRE-X and those spoiled players will only accept the next superstar performer. CHIP may become the beneficiary of some of that capital, IMO.... Any thoughts? George
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