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Gold/Mining/Energy : Opawica Explorations
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To: Mike Perras who wrote (6)1/23/1997 12:15:00 PM
From: Tim Herbert   of 43
 
Mike, thanks for your reply.

Did you know that Ashanti MUST spend $1 Mil by July or they lose the
JV they inherited from Golden Shamrock? Smart money would bet that
there will be plenty of news forthcoming on this stock. Smart money
would also bet that if there is an economic deposit there, Ashanti
will find it.

How much of this rise is due to the Argentina acquisitions? I'm no
expert but it seems to be better than average potential down there.

Regards

Tim
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