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Gold/Mining/Energy : Neil Maedel Picks

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To: Farmer who wrote (11)	5/16/1997 9:29:00 PM
From: Essam Hamza	of 15

Hi Richard, Sorry you couldn't make it. It wasn't as big as the one in Feb we went to but it was still interesting. I was busy for most of the day so I only attended a few overs in the evening. I went to the MSR booth and also attended their presentation. I was very impressed with what they are up to in Central America esp. on the San Martin project in Honduras. I've posted an update on the drilling on that thread. The big pick of the evening was BIL.V Balaclava only has 3 million shares outstanding but traded over 2 million shares after the meeting. Actually what happened was that the company exercised 1 million warrants the next day. Everyone seems very excited about the company. They were presenting at the same booth as MSR as they are part of the same group of companies. Later, Essam.

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