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Gold/Mining/Energy : Consolidated Tako Resources (V.CKR was TOR)

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To: Laser who wrote (50)8/22/1997 7:55:00 PM
From: Laser   of 87
 
To all,

Looks like we're getting some much needed exposure over on
Stockhouse. Would be nice if Mr. Chapper would join us over
here on SI from time to time to answer any questions that we might have. Anyways here it is:

Subject: Tako Resources Ltd. (TOR.V)

LeRoy:

Venture Financial Services represents Tako Resources Ltd. by contract in it investor-corporate relations. We are compensated for our efforts. We also hold stock in the company by purchase.

Tako held options on Indonesian properties and rode on the Bre-X coattail. Along with other companies holding Indonesian interests Tako took a substantial fall in the post Bre-X period. Peter Lo, the CEO of Tako has decided to put the company "back in business". Mr. Lo feels that their percentage interest in the Nome claims in northwestern B.C., Canada will accomplish this. In addition they are actively seeking other properties. Please note the following news release reviewed by the VSE.

Nome property to be drilled

The company has submitted a Notice of Work and Reclamation Program on a Mineral Property to the BC Ministry of Energy, Mines and Petroleum Resources Division, for the Nome property.

The work program will consist of a 10 hole diamond drill program to a depth of 125 metres each for a total drill program of 1250 meters and extensive survey grid. A thorough survey grid is planned for the Nome No. 1 claim. The grid will have over 3.5 m of surveyed baseline and tie lines, The grid will be 47 km in total length. This 50 metre spacing over the total claim group will be used mainly to discover and map the quartz veins on the claims. All quartz veins will be sampled and assayed for gold and silver. Visible gold in quartz veins is common in the area. Quartz veins containing visible gold will be trenched to measure width and length. Sampling of trenches will give assay values at surface. The most interesting and high grade trenches or veins will be diamond drilled.

The first stage of drilling applied for with the company's notice of work application is for 10 drill holes.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

If investors wish further information on the company they should contact Don Sam, as Peter Lo is temporarily out of the country. Phone 888-218-8888, 604-669-6651

Venture Financial Services Inc.
David E. Chapper

P.S I think this was quite a professional type post IMO. Factual
and not too hypy. For anyone thinking of selling out their position
at these prices, why not hang on untill we see what developes?
Best of luck to all.

Len
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