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Gold/Mining/Energy : Cobalt Plays and Uranium plays

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To: Ahda who wrote (9)5/5/1997 8:38:00 PM
From: bill   of 57
 
You might want to check out Canmine's home page. (A)CMR.
I've a large position and that fact should be kept in
mind. They've four plays on the go at the moment. Base metal
on the Fer (Flin Flon area), Nickle at Nipigon Bay, another
area the name of which I forget, and then Werner Lake. The last
is their cobalt/nickle play. Their cobalt intersections have
been good with very high grades. They've just recently got
approval from the Manitoba govt. to start up a mill for processing
cobalt ore this coming summer. The stock is following its usual
pattern of falling back during the spring and summer so it may
be a good buy.

After the BreX debacle, I prefer home grown companies. I like the
idea of Zaire in terms of metal but not in terms of politics and
conflict. I think CMR is worth a bit of due diligence if you're
interested in riding a cobalt price rise.
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