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Gold/Mining/Energy : New Blue Ribbon Resources Ltd (NBL.V was BLO)
NBL 8.4600.0%Oct 6 5:00 PM EST

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To: GWalker who wrote (10)9/26/1996 10:44:00 PM
From: Chris A.   of 407
 
Your comment regarding Golden Star being able to prove up 3 million ounces at Gross Rosebel is also confirmed by the e-mail newsletter, "Gold Trust News". They are a big Golden Star follower and believer that Suriname and other propertys in the Guiana sheild are going to be very hot. Right now they are saying that Golden Star at $15 is a screaming buy.

Somewhat close to Blue Ribbons Lawa concession (diamond recovered in river) is the country of Frech Guiana. Lawa actually borders this country. This is the location of the Dachine diamond find Guyanor discovered (trading as GRL.B on the TSE), owned 70% by Golden Star. Bob Bishop and Gold Trust News are VERY big fans of this one. Over 9,000 diamonds were recovered in the first sample!! Really unbelievable.

GRL.B (they also have gold properties) is currently trading in the $11 range and was as high as $20 (from initial Dachine diamond results) not to long ago. I know this is going to sound absurd, but these newsletter authors have suggested the GRL could trade as high as $300 plus when the diamond evaluation / sizing is completed. Sometime between Dec. and Feb. By the way, BHP (major) fought its way into Dachine (against DeBeers, etc.) and is the JV partner paying for all the costs.

My point in saying this, is not only when Golden Star's Gross Rosabel property but also the Dachine property are hot!, hot!, hot! (like the song) everyone is going to be looking for who else is in the area. BLO with its gold and diamond possibilities will be the best choice.

One question, did Martyn also confirm that the assays could be out in as little as 2 weeks?
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