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Gold/Mining/Energy : Stirrup Creek Res. (SGU.V) - Great chart, rising price.
SGU 11.78-0.3%Dec 29 3:58 PM EST
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To: shalom who wrote (5)7/21/1997 10:26:00 PM
From: Darryl Kadonaga   of 16
 
Shalom, the big movement in Stirrup Creek was likely a result of the release put out by Verdstone Gold (VGC-V) and MolyCorp (MOR-V) today. As you are probably aware, Stirrup Creek is part of the Verdstone group. Today's release by VGC/MOR showed some very impressive platinum group (and copper) assays (with widths to 300') on their Dobbin property near Kelowna, B.C. VGC more than doubled today, up $.50 to $.80 (+166%) and MOR was up $.38 to $.88 (+76%).

As part of the Verdstone group, it seems people took another look at Stirrup Creek's properties, which are impressive in their own right.

On another note, it seems Stirrup Creek may also soon be participating in the Buffalo Hills diamond exploration area play in the near future. It is still very early, but it could become a major story as more companies start exploration programs. If you are not aware, Ashton Minerals (ACA-T) discovered a couple kimberlite pipe clusters earlier this year--initial analysis has shown diamond content. They put out another release today saying they hit a few more pipes, which if I recall correctly, brings the total to 15 pipes with dozens of additional targets to be tested.

Best regards,
dk
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