Tenke Mining Corp (TNK) Message Board

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Gold/Mining/Energy : Tenke Mining Corp (TNK)

TNK 58.68

-0.4%

Jan 12 3:59 PM EST

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To: Gunnar who wrote (165)	4/25/1998 9:21:00 AM
From: Gunnar	Read Replies (1) of 486

It seems like the Congo plays are moving all together. TNK has broken it's 150 days SMAV. I think that we soon will have a quite rapid move here, when the market detects that the train has started to move. We have had some accumulation for a while, but now we are moving upwards in a narrow channel! I must admit that I have not done my replacements within the Lundin-sphere yet, because of some interesting reading of some reports written by "Sveriges geologiska unders”kningar" of the zink deposits that SCQ/NAN holds in Sweden. I was sceptical about the rate of antimon and vismut in the ore, but there was no ground for that premonition. And further more the ore seems to be concentrated (over 5%!) near ground level in three different zones of high zink and silver values that was so encouraging that if they can find some more nearby this can be a tremendous surprise for the market. A double here (TNK) or a double there (SCQ), seem to be the question. Regards, Gunnar (/"Marten")

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