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Gold/Mining/Energy : Stealth Mining Corp. [SAL:ASE]

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To: Roman de Guzman who wrote (106)12/14/1997 11:37:00 AM
From: Roman de Guzman   of 130
 
Some of you were wondering why SAL made a 42.5% jump to $0.59 from $0.40 from last week
A few reasons:

1. Two major producers are looking at Stealth.

2. The results on drill holes 9, 10,11 and 12 are going to be out on the first week of January. They decided to hold it off
due to negative sentiments about the future of gold price.

3. The company is going to do a private placement of between $2.00 to $3.00 a share.

4. The production cost at pine property due to its mine being polymetallic is very, very, very

low. At $280 an ounce of gold, SAL is still very much profitable.

5. It was mentioned in the junior gold conference held in spokane lately that Pine property in British columbia is the next exploration site for gold.

Watch this stock for some more price appreciation regardless of the price of gold.
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