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Gold/Mining/Energy : Takla Star Resources (A.TKR)
TKR 101.20+2.2%11:18 AM EST

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To: Lee Bush who wrote (15)8/7/1996 4:37:00 PM
From: Wayne Umfleet   of 85
 
A just got signed up on Silicone Investor, never thinking I would find one of my Canadian Mining companies on it!

Anyway, I am no expert on mining, not even an amateur, but own quite a few shares of TKR after having it recommended by several of my Canadian relatives one of which happens to be in very tight with the company. These guys were telling me before the July 31 announcement that, even if the assay results were indifferent, the market may overreact to the report due to the short term thinking of many investors. From what I understand, it would have been pretty lucky for NDT to strike a rich deposit with only a few holes dug in such a large area. I guess the market was expecting, and evidently the stock price reflecting, the kind of luck that Diamond Fields had.

Anyway, I am encouraged by the results of the one hole that was dug in the Unity Zone, and by the fact that the strike length of the Unity Zone has been expanded by over 50%. There were several other holes drilled in this zone with assays pending. Does anyone know when these results will be announced?

--Wayne--
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