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Gold/Mining/Energy : Mountain Lake Resources Ltd ( MOA) VSE

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To: jocko who wrote (112)8/20/1997 2:48:00 PM
From: Peter H.   of 598
 
Hi Jocko and Peter.

Just back from vacation and am delighted to see the news about the Maliseet property. I watched the share price bounce up from afar but somewhat disappointed to see that it was short lived.

It appears the market does not believe this is such a remarkable find. Clearly results from two holes aren't going to stun the world still I have to ask does anyone know how significant this zinc discovery is?

I mean is 8 - 17 % zinc remarkable. I really don't know how to gauge these numbers. However I was reading something recently about how important zinc is in this wonderful world. It is used in a lot of goods -- everything from drugs to manufacturing. In short we need zinc and lots of it.

Also, early next month I am going to Bathurst, New Brunswick to shoot a television documentary about mining prospectors. I should be able to get a good idea from people up there about what they think of MOA's work and properties there.

Cheers, Peter
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