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Gold/Mining/Energy : WESTERN PACIFIC GOLD - Solomon Islands Gold?

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To: John Leather who wrote ()7/18/1997 1:59:00 AM
From: Bruce Toy   of 88
 
I talked to the company in Edmonton today. They've delayed drilling in order to time the markets better. They're a little afraid that great drill results in this market my not move the share price as much as they want. If the first drill results are good then they will need to find additional funding to continue their exploration targets. Timing of good news is important.

Don sounds very upbeat to me and feels confident about their prospects of success. He said that the earliest that they would consider drilling is August 1. Presently the crew has left the site but is looking at 2000 to 3000 chip samples to help narrow down the best first drill sites and to develop a drill site strategy.

I'm not buying more stock...but I'm certainly not selling.

Don't make investment decisions based on what I've posted here. I'm just trying to stir a little interest in this discussion group and keep everybody who has stocks up to date. I've invested $2000 @ .95 It's only worth about $1000 now but I feel that WPI is for real and have a good chance of finding something worth while on their properties.

Good luck!
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