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Gold/Mining/Energy : Canuc Resources Inc.

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To: Steve Johnston who wrote (86)4/22/1997 8:59:00 PM
From: Winzer   of 176
 
Steve, Thanks For the Refresher on Gold Process Technology.

You've made previous reference to the Strathcona findings and its possible imact on Canuc shares. However, would you put any creedence to the theory that "salting" of Bre-X samples has been most plausible/the only possible explanation for this whole mess. A FP article also reported (~ April 5) that the shack/building housing all the relevant notes was destroyed in a mysterious fire about two weeks before the news broke. If so would the the announcement of salting be already discounted by the market? Or would this only be reflected on the announcement ?

I like your estimate of the reserves. Any idea of the grade? Is there a report from Nesbitt or in the Red Book? Or is there a contact? I have a brokerage contact at NB. I'm all out of questions, so I guess it's sit, wait and hope!

Cheers Winzer
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