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Gold/Mining/Energy : MONETA PORCUPINE ME.t
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To: RonS who wrote (310)10/22/1997 4:51:00 PM
From: denis J  Read Replies (1) of 440
 
Ron I hate to speculate,with barrick playing their cards so close
to their vest you can bet they are up to something,the initial
resource calculation was app 463,000 0z with all of the additional
drilling they did the new reserve estimate (unconfirmed) is 1.5 million
oz proven and another 1 million probable and open east west and down
this is just an excellent property,
as i said earlier if barrick follows thru on their commitment to
make public all of their information moneta will no doubt calculate
their own reserves and release it probably by the end of november
it would not suprise me one bit if someone is unofficialy acting has
an agent for barrick picking up moneta stock at these low prices,and
turn them over to barrick on their first offer if and when it comes
a lot will depend on the POG

all the best Denis J
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