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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)
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To: Ron Everest who wrote (404)10/29/1997 12:34:00 AM
From: Bear  Read Replies (1) of 835
 
The grab samples in the press release averaged just .15 gpt au. This
is subeconomic. The samples from Pursuit's Mongolian properties had
much higher, very economic grades.

Interest in Pusuit has waned because of the crash in gold and copper
and the lack of news. For Pursuit to really make it, metal prices
have to turn around. In this connection, things look pretty dismal
right now, but eventually will get better. But who knows when or how much worse things will get first?

Bear
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