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Gold/Mining/Energy : Latitude Minerals LTU.V
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To: Joel W. Grothendick who wrote (6)4/5/1998 10:25:00 PM
From: Spiney  Read Replies (2) of 366
 
Hi Joel,
Picked this up from the Stockman site:
stockman-forum.com
----------------
LTU has moved up nicely to .52
on thin trading and there is now a
23,000 sh. bid @ .51 as of this afternoon. The whole Voisey Bay play
seems to be kicking into gear early this year. LTU has yet to announce
their spring program in VB but that probably won't be announced until
the closing of the financing. LTU was basically an inactive company last
year but managed to run to the Low .80's based on their land position
with Donner and NDT. The company will be active this year in terms of
promotion and development and the price is starting to reflect this
change. I spoke with IR at Donner ( DML.V) and they indicated that they
would be drilling the DML/ NDT/ LTU prospect this year. Based on the
tight share structure, activity in VB, and the possibility that another
project may be dropped into the company I think there is a strong
possibility to see new highs for LTU in the not to distant future.
----------------------

...personally I think that LTU has a long way to go yet. .65
and they still haven't hit any selling! The Donner promtional
material specifically mentions the LTU/NDT/Donner property
as one of the key properties in the North Gabro < sp?> - looking forward
to that drilling announcement!

NE
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