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Gold/Mining/Energy : NLE-V Nu-Lite Industries

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To: Tod G who wrote (31)8/23/1997 12:38:00 PM
From: Andrew G.   of 58
 
Tod: I spoke to the IR awhile back and he said the Chinese had already done some digging on the property (about 60 holes) before Nu-lite had entered the picture. He said the whole property is laced with veins. I had a hard time believing the reports because almost every sample was multi-oz/ton of AU. I haven't been following mining companies long enough to know how to judge this, but this is a large piece of property and a large vein. Do you know if Broadwater is still in the game or did they forfeit their share to Nu-lite. I know Broadwater was having some trouble not long ago.
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