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Gold/Mining/Energy : Cross Lake Minerals CRN

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To: Ed Pakstas who wrote (979)	12/23/1997 1:11:00 AM
From: Navigator	Read Replies (1) of 3650

Ed: Your point that the three moderately mineralized intersections do not make a mine is 100% correct. They are however good hits on an "exploration" play. I don't know an explorationist who would not have been pleased to drill these holes and get the intersections reported. Plenty more drilling is required just ascertain this "occurrence's" geometry, dimensions, and grade. It remains to be seen whether or not the market is smarter than the rest of us, the lacklustre reaction to the news release should not have come as a surprise, witness the the market action after release of the latest intersection on the NAI / DML South Voisey Bay Project. Regards

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