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Gold/Mining/Energy : SRU-ASE : STARFIELD RESOURCES
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To: sotrade who wrote (594)7/28/1999 2:52:00 PM
From: CIMA  Read Replies (1) of 1239
 
By: chimpleton
Reply To: None Wednesday, 28 Jul 1999 at 10:41 AM EDT
Post # of 725


Yes I am crazy about this stock.
When you look at the record of this company compared to any other resource ventures it is impressive.
This is the worst mining market I can recall
.It seems that everybody who has a resource based company is turning them into internet opportunities.
Not this one.This company has been able to raise money and drill.To raise money in this market is very tough.When I look at the people that have put money into this deal,these are people that I really respect it tells me something.
What the market wants to see is a long intersection with some higher grades.The market will get what it wants.
The company is going to be drilling the hinge and if the results are what brighter people then me expect them to be ,I believe we will see our little SRU trading between $6.00 to $9.00 by the end of November.
It's my understanding that the company has commitments for the funding of the winter program already.This money can be accessed if we see results comparable to the last ones.

Make no mistake We will see higher grades this time around.Why, because the company is drilling much deeper.They are drilling into the source of all this ore.The west main zone is just a teezer of what is lying below.
To compare this property to Diamond fields is a mistake.This property in my opinion is closer to the Raglan model.

I believe a year from now we are all going to be happy campers.

Regards all.


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