CVR: V Consolidated Viscount Resources - Ringer??? Message Board

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Gold/Mining/Energy : CVR: V Consolidated Viscount Resources - Ringer???

CVR 9.050

-3.5%

3:59 PM EST

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To: Mike Campagna who wrote (7)	10/15/1996 12:25:00 AM
From: Michael Renbarger	of 409

Greetings, Talked with IR guy from CVR last week when the original posting went across the Stockman Forum. He insisted that CVR was going to go into production on the Durango, Mexico gold property by the end of October. He also confirmed that management is not going to spend any more time/money drilling the property, since they are convinced regarding what they have...a bonanza gold stike. Reserves are likely to increase as they start to explore the property and process the ore. CVR will also be increasing their stake in this property to at least 28%, maybe more. So he said. I don't have the guys name here, but I can dig it out later and post it. Feel free to verify the above information yourselves with the company, 1-800-665-9404. I just completed my DD this weekend, and plan on positioning in the stock tomorrow. Low float, great properties near production, money in the bank, good story, seems like a "no-brainer" Regards, Mike R.

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