DRC Resources - Alberta, Canada diamond play, a shot at $$ Message Board

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Gold/Mining/Energy : DRC Resources - Alberta, Canada diamond play, a shot at $$

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To: MR_KASH who wrote (25)	2/22/1998 8:47:00 PM
From: Leigh McBain	Read Replies (1) of 83

Mr. Kash, while we are bantering about other stocks, maybe you should include Micrex Development Corp. in that basket of stocks to consider. This is just my opinion mind you (I am in no way shape or form a financial advisor or broker, just a private investor), but they have just over 9 million shares out and are trading in the range of .65 to .70, or so. They have defined 36 "Class A" targets thru their HRAM analysis (which hasn't even been completed yet) and will be drilling within 2 weeks. Drilling can now commence as they have finally inked their JV with Marum Resources on this Chinchaga terraine project. In addition to commencing work on the diamond property they also have a magnetite deposit that should be in production this spring, according to the company. According to Investor Alert's independant analysis, it has the potential to generate in the neighborhood of .40 EPS in FY 1998 and they have actually already garnered commitments from 14 area coal mines, to do business once they are producing. Just some info to ponder. Salut, Leigh McBain

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