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Gold/Mining/Energy : ISLAND-ARC RESOURCES IAR-VSE

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To: The Fix who wrote (81)	1/27/1998 1:28:00 AM
From: Walt	of 186

Nai is my core holding because that is where the three holes have hit and they own the biggest interest in the property. I agree lab could be a dark horse. MGR could do nicely as well depending which way things trend. ELD has a dormant thread. If gold sustains a rally over three hundred it should rise above three twenty would be good. Check out the ELD thread. Eldorado is a producer unfortunately it has some debt, the company needs a little reorganization to really perform. regards Walt

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