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Gold/Mining/Energy : Consolidated Magna Ventures (CMV.V)

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To: david f. dempster who wrote (85)9/11/1997 9:31:00 PM
From: John Fairchild   of 380
 
David, I don't think that CMV is getting the market following it deserves. Probably lucky for us to have gotten in at these reasonable prices. Julie said they are preparing new maps.
I recieved the latest news release in the mail which provides a map of the adits. It looks pretty good but it would be nice to know exactly where they are drilling and how the surface samples line up with the adits and at what elavations. The adits appear to enter from opposite sides of the same hill. If they can drill down to adit depth from the top and intersect good wide grades then you can generalize there is a good chance of step outs over the adits also intersecting ore grades. In my mind the excellent grades achieved over the length of the adits provide some continuity similar to infill drilling. They give an excellent piece of the puzzle not normaly provided in preliminary property exploration. Thats why I bought and thats why I'm holding.

Of course there is that other little detail called closology. If they do hit it will be the first one neighboring the Fransisco discovery which will create intense market interest. Witness the huge run up of QTR/AAS runup following Fransisco's initial discovery announcement on closology alone.

John.
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