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Gold/Mining/Energy : White Knight Resources WKR-VSE
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To: Roberth who wrote (6)10/30/1997 2:11:00 PM
From: Dev   of 39
 
White Knight Resources was recently described as a "cash rich junior", touted by John Kaiser in his Ju-Au-97, Kaiser Bottom Fishing Report along with a number of other "cash rich" juniors. What makes White Knight an interesting play is its excellent portfolio of Nevada properties supported by an excellent geological team headed up by Pat Cavanaugh, a well known and respected Nevada mine finder. They are currently drilling a property called "Indian Ranch" which has indicated a large gold system. The success of this program will be whether or not they find the source. A news release is expected in the next day or two to update drilling. There is no question in my mind they are onto something and the recent volume of shares traded indicates the company has an audience, although the stock has demonstrated some weakness in the market today.
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