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Gold/Mining/Energy : International Canalaska (V.ICA)
ICA 0.5670.0%Jul 11 5:00 PM EST

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To: alan von weiler who wrote (614)10/11/1997 8:21:00 AM
From: Brian Gerbozy   of 891
 
I guess that depends on what they find as the hole deepens. They will do a down hole probe and try to idenitfy which direction the anomoly trends, to decide whether to spend more money this year, which they will have to do quickly before the camp comes down for the winter. With the recent problems Inco has had with the tribes, they may decide it just isn't worth it. But then again, Inco could resolve all that, go to production and come looking to ICA for more minerals, find it, and Falconbridge will be out in hte cold again. I don't think they want to take that chance. Exploration dollars are part of the budget, I personally think they will spend them. B
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