Intrepid Minerals Resources (IAU a) Message Board

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Gold/Mining/Energy : Intrepid Minerals Resources (IAU a)

IAU 84.35

-0.4%

4:00 PM EST

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To: steadyasyougo who wrote (67)	3/28/2000 9:34:00 AM
From: Claude Cormier	Read Replies (1) of 96

Gerald, I have yet to examine the drill plan and try to figure out all implications. But, at first sight, the grades on the first target are much lower than last year drill holes (even if they remain higher the the average grade at BAY). The intercepts lenght is good and are showing a zone of 50 meters or so. The samples on the other targets are very promising and all will depends on the continuity between targets. There is a 1 km strike that could be all mineralized. In short, the results are very encouraging. Nothing to move the stock shortly or make it a strong buy. But they provide a good reason to hold for the next round. Three more positive things. 1) This is open pit. 2) The presence of high grade zinc is interesting 3) IAU now has 100% of the property . CC

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