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Gold/Mining/Energy : KAISER' PICKS AND FAX ALERTS, ***(JOHN KAISER)

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To: Rise who wrote (309)1/8/2003 1:57:35 PM
From: Rise   of 311
 
My information was not quite correct. With 650,000 ounces proven and about 13,000,000 shares outstanding,each share would provide the owner with the ability to purchase approximately 1/20 of an ounce of gold at US$425/ounce into infinity. Therefore, every 20 shares owned acts like a gold call option give the holders a right to buy one ounce of gold a US$425/ounce. I know this is a bit of a stretch on the truth. Some might argue that it is a huge stretch because the gold still has to be mined. For this property to be mined, gold would have to sustain US$425/oz or better for a long period of time to justify building a mine.

Anyways, I talked with Mr.O'neill recently and he says that there has been lots of interest in both the Fraser Gold property and the Loti property. Perhaps Mr.O'neill is going to bring another investor on board to promote these properties and give this stock a life again.

good luck and do your own dd.

Perhaps Mr.Kaiser will update us on Eureka? Wishful thinking on my part but just maybe...

rise
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