International Larder-Symbol LRDR on the CDN Message Board

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Gold/Mining/Energy : International Larder-Symbol LRDR on the CDN

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To: DON who wrote ()	8/28/1996 9:56:00 PM
From: Bobalouis	of 278

Don, I beleive your right that good things are ahead at LRDR, especially for the short term play. However, with over 30 million shares in circulation out there I don't beleive the incentive to speculate on this one will be quite so strong once the price starts moving up past the $1 mark. Also, Larder only has a 25% interest in its properties associated with the band-ore zone, while Black Pearl gets 50% of anything they dig up. In the long term, Blkp should probably prove to be the biggest winner between the two while Larder will give best results and leverage for the short. (I currently hold positions in both) Lab results for the Pearl should be out after the long weekend so jittery shareholders are likely to do some profit-taking between now and then making it a good time to accumulate while prices are low. I noticed this same trend of nervousness just before their general meeting on Monday. Being new too junior resource investments, I could easily be out to lunch on everything I've just said so your seasoned critisisms will be much appreciated! Good luck!

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