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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Little Joe who wrote (3250)7/24/1999 8:20:00 AM
From: Bruce Robbins   of 4504
 
Little Joe:

We are very early in the game of TG-3 with only 12 holes assayed. The next set of holes 13-22 are all centered on the SW mound. That should help clarify what is in the SW with 16 holes over that mound. The good news is that holes 13-22 have more sulfides to assay. I suppose that MAN put priority on the SW mound because there are higher copper intersections clustered in this part (1.41 to 2.42% in holes 1, 4, 5, 7, 9, 11 over an average of 10 meters).

I anticipate that there will be another release of assays on holes 13-22, and more holes to come on TG-3 (3 drills turning). I expect the market reaction to get better with more releases. The resource at TG-3 is going to keep growing with more drilling at this stage. MAN will eventually post a resource for TG-3. If you liked MAN for TG-1 alone, you've got to like it more with TG-3- there is more copper, zinc, silver and gold being found each day.
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