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Gold/Mining/Energy : Holmer Gold Mines

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To: Brian MacDonald who wrote (18)10/22/1996 8:14:00 PM
From: Jim Hitchie   of 739
 
Yes, there are those who would say I can't keep a secret....this may be true, but at the same time I am also the one who helps to draft the news releases. I also have the cellular phone # of the project geologist on the rig. For this reason, and so no one can say there was front running, there has been a black-out on any more discussion of the drilling results until they are released. We are happily drilling away in Timmins, and contrary to anything you may have heard or conjectured, we can drill all through the winter if we so desire. The main paved highway runs right through the middle of the property, it is only 15 km to Timmins and you can even see the rig from the highway. For you market intelligence gatherers, the more important question to get answered right now......is the drilling going to continue through the winter? If it is, that should tell you something about how well the drilling is going. Also, if you were to dig through some old Northern Miners from the 80's, you might find an article about drilling results on this property which contained a drill intersection of 10.8 ft of 4.74 ozs/ton at about 466 ft (right around the time the stock ran to $18 on this property news).
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