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

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To: Big Shorty who wrote (73)10/21/1996 12:00:00 PM
From: Solid Play   of 331
 
Spoke with Mike @ PQL today. Says 8 of 18 holes have been assayed with a couple more due perhaps Thursday and the remaining 10 somewhere within the next 2 or little more weeks. The excitement now revolves as much around the interest of Geomaque as anything else. This is a very good omen for the prospects of the stock this time moving strongly past 40 cents. Once a major like this is involved (just check out the Barrick move on Arequippa!!) things get very interesting. There will be enough speculators who feel it is a good bet that the major will pay early to get in lower than if they wait, that the price will not be languishing under 30 cents. My opinion, but with strong results on any of the last 10 holes...I feel very good about this play.
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