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Gold/Mining/Energy : Int'l Freegold Mineral Development Inc./ITF/VSE
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To: tanoose who wrote (5)3/22/1997 11:11:00 AM
From: CLK   of 298
 
I believe ITF is an easy double this year despite the admittedly large # of share out because besides the "in the bag mine" that the Alamaden represents with no doubt over a million ounces, the potential in Alaska is more than most are currently anticipating because the land position is so large, they are on the MAIN geologic trend, much better than where Fort Knox is, and there is the potential to acquire more property in this same area. SO.... this can be, one hopes, a greater than 6 million ounce find. Then, suddenly the # of shares does not seem so great. Another plus that you point to is the letter writing and institutional support it is gathering. It seem to have little downside here.
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