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Gold/Mining/Energy : KAISER' PICKS AND FAX ALERTS, ***(JOHN KAISER)
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To: Rise who wrote (303)10/15/2001 8:27:00 PM
From: Rise  Read Replies (2) of 311
 
Seems like I am the only one following V.EUK. It's lonely out here in Saskatchewan.

Talked with O'Neill today. Said he is reviewing data to determine the area where the company will focus its attention on. Reading between the lines, I would say that means that they do have some interesting results from the recent drill program. I infer this because when I spoke with O'neill before the drill program he said that this was it for Eureka. An all or none drill program. If the drill holes come up empty, then that would be it for Eureka. No major would touch the property with a ten foot pole and he wouldn't throw any more of his own money at the project.

Well we haven't seen the results yet but O'Neill must have seen something interesting in the drill core. Sounds like Eureka will do some more work on the property. Question is, what will be done and whose money will be spent on continued exploration. Will O'Neill continue to spend his own money (which he has a lot of from what I've heard) or will he bring a major in and let them spend their money.

I can't wait for the results. Does anybody have any information they could post on Eureka.

Don't listen to me though. I'm a novice investor.

rise
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