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Gold/Mining/Energy : Phoenix Gold Resources (V.PHO)

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To: HARLEY II who wrote (78)7/25/1997 3:19:00 PM
From: virginijus poshkus   of 285
 
Harley, call Dick Lounsdale at 604-689-9960, he will update you. right now they are clearing the road, drilling expected to start on Wednesday. expect drill results on or about the last week of august. everything looks promising. also, the RSA newsletter should be writing up the stock along with one other newsletter. if results of the drilling are good, and the preliminary results from days gone by indicated high levels of mineralization, the stock could zoom up quickly. remember though this is still a speculation until favorable drill results confirm an ore body. good luck.

vargas
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