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Gold/Mining/Energy : Sanfred Resorces (V.SND)
SND 2.110-0.9%Nov 7 9:30 AM EST

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To: Richnorth who wrote (51)10/4/1997 6:28:00 PM
From: HARLEY II   of 150
 
Hi Richnorth,

I was visiting the Montello investor forum at their website the other night and someone had posted that Sanfred owns property on the Buffalo Hills craton.

I checked a map and sure enough Sanfred owns a fairly substantial block south of Ashton/Pug and right next to PUG/Cayo. I then went and looked at some old press releases and sure enough they own around 300,000 acres.

Let's hope Sanfred's management has the ability to do something with this valuable asset. If they do then the long suffering shareholders of SND might have some hope.

This is really good news for us Richnorth and when I posted my earlier article I must admit I didn't know that Sanfred was so well positioned in Alberta. I guess I should swallow my pride and give managemnt one more chance for they were shrew enough to get land in the world's hottest diamond area.

HARLEY
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