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Gold/Mining/Energy : George Resources V.GGP
GGP 22.060.0%Aug 28 5:00 PM EST

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To: Walter N. Schreiner who wrote ()6/21/1997 6:43:00 PM
From: Walter N. Schreiner   of 33
 
June 19 press release looks pretty good from Corocoro -- many intervals of 50-200 ft grading 2-4% Cu. The averages per hole were
Hole 97-11 - 0.84% Cu over 393.7 ft
Hole 97-12 - 1.25% Cu over 304.4 ft
Hole 97-13 - 1.44% Cu over 190.3 ft
Hole 97-14 - 1.51% Cu over 656.2 ft
Weighted average is 2.13% Cu over all holes 97-5 thru 97-14. These holes cover a range of about 1km along strike.
Next they plan to do some in-filling, and some drilling on the northern end of the property which could extend the find for another 2km. Take a look at the maps and drill hole profiles at 206.12.96.76.

Guess that was was caused the price to rise from 0.55 to 1.00.
Of course, with Bre-X et al, it's now dropping off again -- closed at 0.83 yesterday. Looks like nothing keeps a stock up these days . . .

Walter
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