Eastfield Resources Ltd. Message Board

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Gold/Mining/Energy : Eastfield Resources Ltd.

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To: Eastfield Resources Ltd. who wrote (8)	9/21/1997 12:30:00 PM
From: Eastfield Resources Ltd.	of 59

Trading at $0.16 Eastfield Resources could be a good buy. Listed: VSE symbol "ETF" Shares O/S: 10.2 million Working Capital: $200,000 Last trade : $0.16 Web site: direct.ca Why is it a good buy at $0.16 ú Very experienced management team with a proven ability to find good projects and finance them. ú Management and insiders own about 50% of the O/S shares. ú Placer Dome owns 600,000 shares and has a seat on the Board of Directors. ú Nevada property contains 186,000 ounces of (drill indicated) gold reserves. Additional exploration potential exists. ú Third party financing requires optionee to spend $900,000 on the property over the next two years to earn a 50% interest. ú Management is aggressively looking at other projects. ú The Company has actually made money in two of the last four years and has cumulative profits in those four years of approximately $100,000.

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