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Gold/Mining/Energy : MONETA PORCUPINE ME.t

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To: Crocodile who wrote (234)5/27/1997 12:54:00 PM
From: denis J   of 440
 
hi Bev

good results are expected with the latest drill results wich should be announced at the annual
meeting june 9 and resource calculations should be out in the early
part of july and at that time news is expected to be positive about
putting in a year round access road to the property and the decision to collar a shaft as
early as this fall the stock is just starting to show some of its value , it would not surprise me
that the resource will be around the 2,illion oz mark and open
along strike and depth and as the last release stated THREE NEW ZONES
HAVE BEEN IDENTIFIED east of the major fault zone wich offsets the west and central block to a
depth of 400 metres.

we also have the .75 warrents expiring at the end of july so youcan look for this stock
to climb at least I would say to the .80-$1 mark by then .

good luck to you bev

sincerely denis j
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