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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL
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To: jocko who wrote (2001)6/16/1998 1:49:00 PM
From: Mike Paulin  Read Replies (1) of 2635
 
Just finish talking with James Speros in is Washington DC office
He is back from Vancouver BC, and as talk with Cannacord to do
some work for MIQ this summer( they agreed if results where there)
They now have 3 rigs on the ground, but because of heavy rains
cannot move them to the pads, bulldozer also there, BLM permit where given, so just need a break to move the rigs in position.
They have 13 pads ready, 19 targets, rigs are able to drill up to 800'. With a 200 extra ' extention.
Looks like up to 300', then 500' then 800'.(3 zones)
Got a long talk about shares dillution, he assured me that this will not happen, until they have a mine.
Sincerely, Michel.
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