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Gold/Mining/Energy : Zenda Capital Corp.

TRR 17.55

0.0%

Jul 5 5:00 PM EST

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To: stan_hughes who wrote (114)	11/27/2004 8:02:00 PM
From: E. Charters	Read Replies (1) of 217

Sphincters abound. I cannot give the sphincters any special reason to hold for a while except that the KL drilling could start to get interesting and some deals are still to be made. I don't know much about the Massey property or the Mishibishu property except that the Massey is Olympic Dam type and the Mishi thing has gold possibilities. It was good ground in the 80's Most importantly the new team is alleged to have money raising clout. And from experience I can say that is a fair assessment. EC<:-}

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