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Gold/Mining/Energy : Canuc Resources Inc.

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To: Ron Schier who wrote (164)8/24/1997 9:06:00 PM
From: Winzer   of 176
 
Chances are that it would be an announcement (if indeed there is one) on the work that the Placer camp has been on working for the past little while. And again, when you have so much information from actual production drifts, and allowing for highgrading, this property still have a lot of life left in it. The only problem would be how you mine open pit through previously underground workings. This is being done with Ground Penetrating Radar (GPR) quite successfully. But again with Placer's expertise in mining I'm sure that ore extration will be maximized. And for the patient investor, rewards could be entensive; but don't sit around waiting for the big run soon. A lot of things has to happen first and this kind of stuff takes time. And the JV will not "pump" the stock for shareholders to make money. It will only be done when things are appropriate.

Cheers Winzer
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