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Gold/Mining/Energy : Minvita Enterprises Ltd. - MVE.v
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To: BHamilton who wrote (28)5/13/1997 4:23:00 AM
From: Darryl Kadonaga   of 56
 
Bruce, exploration for this season has not yet begun on the Clone project. The property is heavily covered by snow and thus they must wait until late spring before exploration can take place. They do have an extensive program planned which will begin as soon as weather permits. I understand that they (Minvita and Teuton) will likely be announcing news shortly about an acquisition in Mexico. In addition, Teuton and partners should begin drilling for oil in Israel this month--seems they are very optimistic about this prospect. Now with both Minvita and Teuton acquiring options on diamond properties in Alberta (likely to be the hottest area play this year), you should probably expect to see the share prices begin to move.

Regards,
DK
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