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Gold/Mining/Energy : GENTRY RESOURCES LTD. (GNY.B - TSE)

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To: virginijus poshkus who wrote (133)9/5/1997 3:32:00 PM
From: Mark Calp   of 601
 
Vargas

Essex ' s home page can be found at:

www.essexresource.com

I think that GNY will be hyped to $1.75 - $2.00 area by middle October and they're probably going to try some financing at $2.25 area for the upcoming drilling on their African projects. After all, they have a $1,000,000 US /hole commitment ( that's the group's total and GNY pays a % ) so they have to pay as they go.

Then it will be wait & see if they come up with the goodies. If you are going to trade for profits take some after $2.00, but anytime after Jan, they could hit the big one although the big money is counting on the second quarter in '98!

best of luck

Mark C.
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