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Gold/Mining/Energy : Vantage Enterprises Inc - VEC on Vancouver

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To: Tom McIlwain who wrote (7)11/8/1996 8:06:00 PM
From: Mark Bartlett   of 1476
 
Tom,

Appreciate the article .... political situations are important to monitor.

>

1) I too have heard varying numbers as to the value of the amethyst .... I suspect they represent a range based on the quality being purchased. As to the specific number I quoted, I got it from the investor's pack.

2) No I do not know .... I have heard rumours - but I would rather not comment because they are just that _rumours.

The stock has consolidated in the C4.90 - 5.10 range rather nicely and technically it has formed a classical flag formation ..... if the news coming out of this project in the next few weeks is positive ..... from a technical standpoint a run up to the 8.50- 10.00 range would not be out of the question.

The Gujral group under the guidance of Dil Gujral have been very successful ...... and as one person that I respect very much has taught me - the 3 most important things you look at in these juniors are: 1) management, 2) properties and 3) financing ..... thus far they have hit all 3 - so I am optimistic.

Even thought this one has had a good run over the last few months .... I have a feeling it still bears close watching and perhaps even a dollar or two.

Good luck,

MB
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