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Gold/Mining/Energy : Hampton Court Resources - HCR on ase
HCR 0.1500.0%Jul 13 5:00 PM EST

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To: Albert V who wrote (30)2/23/1998 3:16:00 AM
From: T2  Read Replies (1) of 65
 
Albert, I agree with you that 500 samples is not enough to prove their whole resource base, but I do believe that it is a very good start. Most junior mining companies start releasing news after 20, or maybe at most 30, samples taken. HCR has 500, plus the results are being verified twice. I also find it encouraging that the more holes they dig, the more lands they wish to tie up. If the gold is there, I don't think that $3 per share is excessive. Gotta figure at least $1 of that is tied to the Arkoma Project, so $2 per share or $34 million in market cap for possibly $100-$200 million worth of gold is not really excessive.

Since you have been down in the area, maybe you can verify this story I heard of some guy finding a chunk of gold in the river that was the size of a head of cabbage?
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