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Gold/Mining/Energy : Canuc Resources Inc.

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To: Winzer who wrote (99)5/7/1997 5:46:00 PM
From: Joseph C. Goldenberg   of 176
 
The mine only covers 5%-10% of the property.
Have you factored in how much there might be in the remaining 90%.
Samples have been taken from the NE portion and we'll be hearing the assay results as we go along. I expect an average @ about 2g. What is not known and will require definition is the size of the resource. If the resource is 50 million tonnes that would be about 4,000,000 oz. and should get you to the $10 range.
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