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Gold/Mining/Energy : Golden Raven Resources Ltd (GVN)

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To: JR. who wrote (2606)10/15/1997 3:38:00 PM
From: Patrick Ives   of 3155
 
JR.
I phoned the office today and talked to the secretary. She told me that Mike Spokos is now in Ca., as we all knew, and that the Californian authorities have met with Mike on the property and said there will be no problem with obtaining a permit to enter the old mine shafts. Mike is very positive about both Arizona and Ca. and they feel both properties are mineable. They are expecting the permit for the bulk sampling in Arizona anytime and they have enough funds to carry on with work at both sites. I asked about financing and she said there is a couple of PP's in the works. She also said they are baffled by the share price right now and that it seems to be mainly one broker who is doing all the selling. She feels the price will make quite a signifcant move once they can make some news announcements which she says should be pretty soon. It definately is a steal at these prices
All the best,
Pat
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