Mutapa Gold Corporation VSE:MUA Message Board

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Gold/Mining/Energy : Mutapa Gold Corporation VSE:MUA

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To: Robert Morris who wrote ()	5/8/1998 12:54:00 AM
From: Intrepid1	Read Replies (2) of 73

Hi Robert, Here is a good little article written about Mutapa in Today's online version of the *The Daily Prospector*. Mutapa Gold Corp. (MUA:VSE) shares have risen in anticipation of results from drilling that is scheduled to start on Monday. The company's property includes the Little Deer copper/zinc target that has shown, "unbelievably strong" EM results at depths just below holes drilled in the 1960s, according to Montreal financier Earl Maislin. Maislin and his partners own a number of properties in the Bay Verte, Newfoundland area. A portion of those holdings have been vended into MUA, which recently completed a 1.2 million share offering at $0.55 per share after an initial seed capital offering at $0.75 per share. The remaining holdings, which Maislin says have the same geological characteristics as MUA's Little Deer, are to be vended into a yet-to-be-listed Montreal public company. As at 10:15 AM Thursday, MUA shares traded hands at $1.60, up from yesterday's $1.46 close. --From the floor of the Montreal Resource & Energy Investment Conference (May 7/98) info-mine.com The company has only 2.8 million shares outstanding (3.1 million fully diluted) best wishes purething

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