Golden Arch Resources---GAI.V Message Board

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Gold/Mining/Energy : Golden Arch Resources---GAI.V

GAI 8.800

0.0%

Mar 22 5:00 PM EST

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To: StockPro who wrote (126)	6/5/1997 8:06:00 PM
From: JR.	of 359

Hi, Just using one of the company publications that indicated the first possible pay zone was in the neighborhood of 9000 feet. There are about eleven possible payzones in this type of formation.I also said they MAY reach that level in four days. The production rates are said to be greater at the greater target depths. You are rigth about my being optimistic and yes we are still looking at the middle of the month before I expect any serious results/tests. My optimism comes from the inclusion of the land owner directly into the play. They like the odds very much in their favor(my guess is 70%) or they don't risk coming in on a play. I hope they are right and we hit seven pay zones! Ever the optimist, JR.

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