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Gold/Mining/Energy : Rock Resources

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To: Fungi who wrote (69)	3/17/1998 7:43:00 PM
From: the Chief	of 1996

Hi Gavin This has always been a copper play for as long as I can remember. It does have some gold veins but it predominately is a copper property. It's just as well, copper has climbed 10c in the last 3 weeks. Copper is finaly diverging from the direction of Gold. Copper was having a tough time earlier in the year, but LME reserves are dropping and the US and Europe are going through a housing boom. This is putting upward pressure on copper, while gold tanks!! Here is a couple of URL's to keep in touch with copper. Notice LME inventories in the first URL, if in a bracket and red, the inventories have depleted by that much in tonnes. So far it has been red for 16 days straight!! metalprices.com tfc-charts.w2d.com The Winter thing. In these northern parts of Chile and at this height they will not experience any drill slowdowns due to winter. Apparently they get light skiffs of snow sometimes, barring El Nino there should be no problems at all. Update Rock Resources crew had to blast some more rock for drill platforms and the roads to the drill platform. They expect everything to be in place, to start the drill program, shortly. the Chief

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