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Gold/Mining/Energy : VOISEY BAY'S FIND - A NEW DISCOVERY
CME 278.88+0.6%Nov 11 3:59 PM EST

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To: SAM-DAN who wrote (250)9/26/1997 6:12:00 PM
From: Darryl Kadonaga   of 481
 
Not actually in Voisey Bay, but anyone speculating in Ni/Cu PGE plays might want to check into Novawest Resources (NVE.V). Today they were up 30% on rumours surrounding their Raglan claims. They are located all around the area where Falconbridge is putting their new $500 million dollar facility into production.

Novawest is expected to release trenching results on Monday. The buzz is that the PGE numbers may be as much as double those of Falconbridge. NVE is just cranking up their program, so you can expect lots of news over the next while.

Regards,
dk
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