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Gold/Mining/Energy : International Tournigan(ITG.V)announces major discovery
ITG 30.230.0%Feb 28 4:00 PM EST

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To: Alex who wrote (89)4/15/1997 2:03:00 PM
From: chevalier   of 347
 
Now 80000 shares bid at $2.45 and 50000 offered. Looks like an organized cross with this much volume. The VSE should open within the next 30 minutes or so. I spoke with ITG this morning. First off, that street wire on Canada Stockwatch about how the drill crew was boozing and stole equipment from them was balderdash. We should see news in next couple of days on progress in Ghana. Secondly, Mali should reveal some news by months end. I inquired about the assay procedures going to be used and was informed that the core would be split into three. One set of samples to be assayed by ITG's lab in Mali, the other by an independant canadian firm and the third kept for future reference. Things are getting really exciting and I am debating adding more shares to my position as I don't see much downside and tremendous upside from here, or after the dreaded Bre-x fiasco is over.

ARI
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