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Gold/Mining/Energy : Sierra Nevada Gold - SDD.vse

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To: Baba 2 who wrote (25)	4/7/1998 7:33:00 PM
From: Keith Utz	Read Replies (1) of 65

Baba 2, just got off the phone with Bill Ott. Drilling is going very slow(10 meters/day) in order to reduce stress on drilling equiptment. They are now driving casing down to make the hole larger to reduce friction. Personnel from a large junior have been on the site looking over the property in regard to a JV but nothing definate yet. So no idea when we will have a NR but according to Bill the company has been around for many years with no lawsuits and many of their loyal shareholders are still on board. One thing about this co. is they know how to stretch a dollar and most of their funds go into drilling and not into their pockets. The're due for a break and I believe it could be soon. Keith

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