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Gold/Mining/Energy : Strike Minerals STRK CDN

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To: Dan P who wrote (44)	12/28/2002 6:19:42 PM
From: E. Charters	Read Replies (1) of 56

Thinly traded and short history. Seems like a poorly boxed stock. Perhaps their market maker is asleep. On the other hand their publicity machine is not exactly working overtime. Bottom line is I don't know. I don't have a share and I am "out of the loop". I do know they acquired the Edwards property in Wawa which is a former producer. They also have a base metal property in Timmins that was recently acquired which contains two massive sulphide nickel copper horizons that need drilling. Right now they are doing line cutting and will be drilling on the thing this January in preparation for the convention. What they plan to do with the Edwards I don't know. They have to tell some kind of story that will generate interest there and exactly what and to whom, I would not speculate is best. I don't think they can get money to drill and go back into production in anyone's fantasy, but you never know. The industry is not yet that healthy. Even at 400 dollar gold, they need some magic to get the thing off the ground. It is all a matter of public perception and that takes some massaging. EC<:-}

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