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Gold/Mining/Energy : IMA Exploration (VSE:IMR) - IMR.V
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To: Alexei Nabukov who wrote (444)4/26/2000 6:33:00 PM
From: C Bunka  Read Replies (1) of 520
 
Thanks for your kind words.

Yes, I wrote an introductory article on IMA back on July 28, 1999, ($0.49) and have been following it in each newsletter every month since. I do not own any shares directly or indirectly, right now.

Regarding the drill targets, all I really know right now is that it is the Fabiana extension 3.4 miles due east of Veladero that is to be tested first. I expect they will have to hurry if they are to complete 2,500 metres before the onslaught of lousy winter weather.

I've been to the Veladero property and I remember looking across the valley to what is now Fabiana, and asking the people at Argentina Gold about its prospects. They were dismissive of its potential (no surprise there) but I sure liked the looks of it.

These properties due East always made sense to me in light of ARP's earliest drill results somewhat to the SouthEast of what would become Amable. There are obvious structures noticeable even in the topography.

I'm no geologist, either. But I think it is obvious that this is a highly prospective area. The politics are great, too, with Barrick and Homestake sandwiching IMA. I love it!

Frankly, I don't see why anyone who likes the gold exploration sector would NOT own this one. Anyone want to take bets that this stock is higher one year from now than it is today?
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