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Gold/Mining/Energy : ADRILL away..companies expecting drill results shortly

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To: Bobby Yellin who wrote (46)5/27/1997 10:03:00 PM
From: Spiney   of 61
 
Hi Bobby,
thanks for the note on CUV.V

No news yet from IRU - I think that is not good. It's been too long...they should have had news out by now.
Market has already discounted it.

They are currently drilling the Salamanca which could turn out to be the winner in this post Bre-X market...reason being that it is 2 nd phase infill(?) drilling and if they prove up what they believe they have it should give them 5 to 600,000 oz. Au (including that new acquisition). Solid results from the Salamanca which is 8 km north and on strike with the new acquisition would definitely translate into buying interest. Price "should" move the price to the 2.50 to 3.00 area...."IF this happens"..."I hope" ;-)

N.E.
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