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Gold/Mining/Energy : Columbia River Resources - CRVV on OTC NASDAQ

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To: perfect_path who wrote (212)5/10/2000 1:34:00 PM
From: CIMA  Read Replies (1) of 280
 
From Raging Bull:

By: MAGIC
Reply To: 1044 by pojarne Wednesday, 10 May 2000 at 12:49 PM EDT
Post # of 1048


I met with Bob Ferguson and Greg Hawkins for lunch a couple of days ago during a break in presentations at the conference. They were both impressed with the conference, which is hosted by the Canadian federal government in selected cities across the country, stating they were meeting many high African officials and getting the word out on CRVV. CRVV is still the only game in town as far as Nigeria is involved and they also spent a lot of time with Ghanaian officials. Apparently there is fund interest because CRVV has a unique foothold in Nigeria.

Partial results are in on the second trenching assays. There has been a slight delay because the lab is having to use a leaching technique to counter the "nugget effect". Apparently Newmont is on the property this week and at least one other major has approached the company. Bob said he expected news for next week at the latest and a deal has been struck to commence drilling soon.

Greg Hawkins and the Nigerian contingent continue on to Toronto and Montreal next week to finish the African tour in Canada.

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)


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