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Gold/Mining/Energy : mansfield minerals inc

MDR 0.700

-0.5%

Jan 22 4:00 PM EST

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To: grantsi who wrote (1081)	5/15/2000 1:12:00 PM
From: ogi	Read Replies (1) of 1193

Grantsi: I may have hoped for those prices but I certainly didn't predict them. In fact I confessed to reducing my position by one third when we got over $2.00. Nonetheless, although recent prices are discouraging I don't believe they reflect much volume or commitment from sellers. I still think we may see a spike up in anticipation of drill results but if that doesn't happen you can assume the first round will be less than spectacular! MDR is more than just Cerro Samenta and even if the first results from C.S. are not great it is unlikely they would rule out the property's prospectivity. This is a complex story that will require a lot of work and I would be surprised to see this skyrocket in this market, despite the few stories such as CTQ or Pacific Rim ,they are the exceptions and as you see with CTQ there is much more of an attitude of make money while the sun shines and then move on quickly. Looking forward to the continuing saga, Cheers, Ogi

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