Goldminco Consolidated Mining Corp. GMC (was GMO) Message Board

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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)

GMO 0.0121

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Jan 21 4:00 PM EST

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To: floj who wrote (351)	4/19/1997 12:14:00 PM
From: Ron Everest	of 588

Flo or others: I am encouraged by the prospects of pending news regarding north of Alaska sampling and North Posie trenching. The two drills are ready to begin their work. I am assuming that one will test the area of NPosie where the 16 pits are and the other will test the top of the dyke? Anyone found out where exactly that the drills will turn? Expansion of the NPosie area by trenching seems like a good bet. I am assuming that by the time the first two holes are completed that they will have other drill targets? Peter Tambanis stated earlier that they were going to drill 24 hours per day. Anyone contact the company lately to clarify ? The idea that Alaska is 4 to 5.5 times more prospective than N Posie is encouraging, but, I would have thought that that is where the trenching would concentrate, however, maybe the trenching will go quickly for both NPosie and Alaska or North of Alaska. Maybe the known of NPosie is a better bet than to spread the resources too quickly. Best regards, Ron E

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