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Gold/Mining/Energy : LAYFIELD RESSOURCES (LAY-VSE)

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To: Clark Kent who wrote (95)10/2/1997 10:55:00 AM
From: Jimsy   of 528
 
Layfield last at $0.16 with some volume, now if we can just bring that bid of 60000 up a bit, could have some action here.

Things picking up a bit on Major General, but I think Labrador is the sleeper - big piece of property in the middle of all this and several other fairly big land packages nearby. There was a news release out yesterday that they were preparing an exploration budget or something to that effect. Why would you prepare an exploration budget if you didn't expect to do something or at least initiate some negotiations to do so? And why tell the marketplace if you weren't about to so somethingk?

Fingers crossed on all of this, the 1.5 feet of 1.9%Ni 1% copper is a start, and in this geological setting must come from somewhere, hopefully bigger deposits.
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