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Gold/Mining/Energy : Rondal Gold Corp -RGD (formerly Prior Resources - PQL)

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To: Carol who wrote (43)10/17/1996 2:47:00 PM
From: Bob Brigger (Robert)   of 331
 
Carol and all

Did some more digging to-day and have found out the following:

The lab in Vancouver doing the assays was not able to analyze above 10 gr. per ton. Thus, that is why it was sent out to another lab. Now that does not mean we have 10 gr. p/t only that some of the core is alleged to be in excess of this amount.

The press release will likely not be out until after trading opens on Monday.

Stockman forum had a positive comment made by a contributor indicating the geologist Ron Tammekand was creditable and that Prior may have a pleasant surprise for us.

Further digging revealed that in all liklihood we will have an overall grade of 4 gr/PT or more on the first 4 holes drilled.

This is quite encouraging and surely will drive the stock price into the .50-.75 range quite easily.

Positive comments on the president were made. He also is the president of Antler resources which recently quintupled in price.

will report any new info as I receive it.

I still own lots of shares in Prior

regards

Bob
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