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Gold/Mining/Energy : Int'l Freegold Mineral Development Inc./ITF/VSE
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To: tanoose who wrote (42)4/16/1997 9:39:00 AM
From: Brian Gerbozy   of 298
 
Hey Frank et al, spoke to ITF IR yesterday, they don't think we'll see anything happen with the May warrants, just too high, I appreciated the honesty actually, but three major gold producers (of course they didn't say!) are looking around, one was on site yesterday, one more flying in today, still trying finalize the financing at .70. They said results should be out soon that prove up the million oz they have been talking about, and that should "equate to a mine," and "should see over $1.50 by end of summer." For what it is worth, Brian
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