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Gold/Mining/Energy : Tan Range

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To: cec who wrote ()3/28/1997 2:55:00 PM
From: cash money   of 122
 
Tan Range good possible gainer?

I've been in this one since early Jan. 97. Since then the company has mainly been working on two properties in Africa. The most exciting property is the one beside Sutton Res. major gold find.(more than 3 million onces) Tan Ranges property is more than four times the size of Suttons. The other project they are currently working on has more than 400 000 onces of gold. Tan Range has not released any news in more than two months. Since the last news release Jan. 28 the stock has moved from around .80 to a high of 1.20 about two weeks ago. But in the last three days the stock has dropped about .30 on no news. I am asuming this drop in price is due to the Bre-X scandal, since volume has been low in the last couple of days only the small players are getting out. If this is the case Tan Range would be a good buy below .80.

Next news release could be a good one!

Best of luck Cash Money.
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