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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL
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To: jocko who wrote (2486)7/10/1999 1:20:00 PM
From: jocko  Read Replies (2) of 2635
 
Hi Jocko, this one is about MIQ/Kinross..... from offshore on SH :-)

Received a call from a friend yesterday who spoke to the company. This is third hand so take it for
what it is worth.

Kinross is continuing to drill on Elliot High Ranch within Railroad. Apparently they started here
first as it is in the lower elevation. Three holes have been completed and assays received on the
first hole. The fourth hole is at a depth of 400' and still going.

Apparently Kinross will be feeding MIQ the assays as received and MIQ will release them in small
groups soon after which is an improvement over last year when Kinross held onto the drill results.

Apparently, hole one showed meaningful gold mineralization over a meaningful length (we'll see).
However, the person I spoke to was more excited about hole 4 which he says is showing
mineralization through-out. Again, take it for what's its worth. Indeed, let's use this as a test and
(i)see if MIQ/Kinross do release results sooner than last year, (ii) the first hole of the year is
mineralized and (iii) that hole four is mineralized over long lengths.

It was also suggested to me that Kinross may use Railroad to promote its own stock price if the
results continue along last year's trend.

This is purely rumour (and a bit doubtful given the current stock price, but lets see...)

Offshore

PS. I will be away on business over the next three weeks and won't be posting.
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