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Gold/Mining/Energy : Orogrande Resources _ORG/ Alberta /)(Stock to watch)

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To: Rick W. who wrote (39)5/25/1997 2:40:00 PM
From: Dave Davidson   of 74
 
Hi Rick,
Spoke with Guillermo Salazar Geologist and C.E.O. of ORG last week. He indicated there was a recheck of a hole being done by the Lab, this by reason of some mineralization that was present, results of this re-test is expected by month end.

He is still positive on long term outlook for ORG. This by reason of the McClintock project, it's Jamaican copper prospect and the B.C. gold property, which is still under snow B.T.W...

Bottom line is, if copper grades can reach .2%, is now at .14%, there is a good potential for a 10,000 ton per day open cast mine at the McClintock property, IHO.

As to SUR, it's a speculative buy at these prices, $ 2.75 - $ 3.25.

Drilling in June will make or break it.

Good luck,
Dave
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