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Gold/Mining/Energy : CUMBERLAND RESOURCES (CBD)

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To: GeoDude who wrote (239)5/22/2002 8:25:15 AM
From: loantech   of 393
 
LIA,
I think news will pop HGC-MAE very soon. Talks with Dave Fenell lead me to think good drill reports to follow on Hope Bay after merger approved the next few days. We shall see. NGX has an aggressive drilling campaign underway in a few days. CZN great complex in place pennies on the dollar. Damoti lake well we have to wait. RIC I think will surprise. I keep holding a little less than 2/3 of my original position and it keeps going up so why fight it? I think their reserves are like HL's Lucky Friday:They keep finding more and they have a drilling program at their two sites which should add to reserves but they feel little need to put out NR's. If you get any other names let me know as I favor Canadian locations.
Thanks,
Tom
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