Churchill Resources Ltd. Message Board

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Gold/Mining/Energy : Churchill Resources Ltd.

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To: Sue who wrote (22)	7/20/1997 1:31:00 PM
From: Augie Goldspechkt	of 23

Not as good a last weeks results but I still expect the share price to respond favourably. They were drilling in a new area and have expanded the size of the deposit. They have a 12,000m drill program under way and have two rigs on site. I think future drilling will prove what a great property this is. The area was mined in pre-Columbian times by the Sura indians and the Spanish. I expect lots of good news to come later this year - the drilling program can run much longer in the year due to the location in S. America. Share price up 130% on results of the last two holes, Gold price up $11/oz. in the last two days - we needed some good news in this sector. Diamec drill is repaired and both are drilling now - expect lots more good results.

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