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Gold/Mining/Energy : Waseco Resources Inc.

WSCO 1.300

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Dec 24 4:00 PM EST

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To: Junaidi who wrote (20)	11/14/1997 8:14:00 AM
From: DRT	Read Replies (1) of 60

Perhaps thats where Guzman got the placer gold (and lots of it). Ha! Ha! Seriously, the Teewah property was first drilled by another company before Mike Bird (Diadem) were involved. Waseco have simply confirmed initial drill results and expanded the resource estimates (likely to exceed 3 million oz). We should know more on a used dredge at the end of this month. This is a long-term prospect with significant upside once financing is arranged. DRT

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