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Gold/Mining/Energy : Kalahari Resources Makes Major Move Upwords

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To: Rocky510 who wrote (189)2/10/1998 7:50:00 PM
From: Mr Metals  Read Replies (1) of 349
 
One more Jim.

Kalahari Resources Inc -

Fagan says stock's future depends on Zacatecas play

Kalahari Resources Inc KLAShares issued 294732511998-02-10 close $0.89Tuesday Feb 10 1998See Sunstate Resources Ltd (SUT) In the News Brian Fagan, writing in the February issue of the Fagan Report, says Zacatecas area player Sunstate Resources has announced a joint-venture agreement with Kalahari Resources in which KLA can earn a 50 percent interest in Sunstate's 800 sq km land package around San Nicolas. San Nicolas is the site of an emerging area play following Western Copper's zinc, copper, silver and gold discovery there in December. Sunstate has been trading in the $0.20-$0.25 range, has nine million shares and less than $100,000 in working capital. Mr Fagan says its immediate future depends on property results generated by Kalahari on the joint-venture properties. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

Mr Metals
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