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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)
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To: Bear who wrote (327)6/2/1997 11:44:00 AM
From: Bear   of 835
 
I mistakenly wrote that one of the holes was 2.2 meters deep--actually
that was the length of the intercept. The holes averaged 140 meters
with a 45 degree dip. The only intercept over 1 gpt was in the easternmost hole--1.48 gpt but only for 8.2 meters.

The quarterly report says they lost $2.7 m on martketable securities,
which was subsequently made up. What does this mean? They also had
more revenue from dividends than from interest. Are they playing the
stock market with their valuable cash?

Bear
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