VOISEY BAY'S FIND - A NEW DISCOVERY Message Board

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Gold/Mining/Energy : VOISEY BAY'S FIND - A NEW DISCOVERY

CME 283.57

+1.4%

3:59 PM EST

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To: Supervalue who wrote (60)	7/28/1997 3:36:00 PM
From: Terry J. Crebs	of 481

Tsk, Tsk, William--DFR hit massive sulfides on our 2nd VB borehole; geophysics nailed the +30-million-ton Ovoid on the 7th borehole. Sheesh, dude who's been telling you lies about DFR and our 1995 drilling campaigns??? Yup, INCO's release and VB update today has much to be pleased and upbeat about. Geophysics always looked good at S. Nain Bay--good to see INCO planning to drill some 20 kilometers to the north. Market apparently liked it too as N.NYSE up +$1.60 (US) on announcement. INCO announcement also throws cold water on ICA-Falco ideas for economic mineralization East of Eastern Deeps. There are severe geophysical and structural problems for ICA and Falco's deep drilling IMHO--hopefully Falco can figure it out--but I'm not optimistic. Good Luck, T.

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