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Gold/Mining/Energy : Trillion ResourcesTLQ

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To: ForYourEyesOnly who wrote (53)	1/12/1999 5:22:00 AM
From: wayne cath	Read Replies (1) of 67

Bishop says hold onto Trillion for 1999 Trillion Resources Ltd TLQ Shares issued 22,364,500 Jan 11 close $0.23 Mon 11 Jan 99 In the News Bob Bishop, writing in the December 15, 1998 edition of his Gold Mining Stock Report, says nearly forgotten Trillion Resources is a hold at 28 cents. Mr. Bishop recommended the stock in January 1994 at $3.90 and in April 1994 at $4.85, and he wrote about Trillion six more times to December 1995 but has been quiet on the company since then. In the current report, Mr. Bishop says the August announcement of a merger with Oliver Gold is probably dead, although he envisions "some kind of asset swap" between the companies. Mr. Bishop blames Trillion's financial problems on cost overruns at its Ndarama mine; these prompted the merger discussions and triggered a "massive" decline in Trillion's price, he says. The letter writer concludes that unless subscribers desperately need a tax-loss for 1998, hold on for 1999. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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