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Gold/Mining/Energy : GITENNES Exploration (ase:GIT)

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To: Tom Cat who wrote (954)5/10/1998 9:55:00 PM
From: E. Charters  Read Replies (1) of 1092
 
Well I backed GIT for over year. Blackwell is a reasonable guy. BUT who is mining at Albino? KRY. Who is expanding the mill? KRY. Who is exploring where the title is clear? KRY.

GIT has a great resource. It is very difficult to definitively explore because of the crumbling rock which will not diamond drill. They have wasted a year with a good budget by attempting to diamond drill the stuff when they should have got smart and brought in a different type of drill. When I suggested they use such a drill,(oil well type, downhole high torque, low speed) the geologist only laughed. What was he laughing for? They had BETTER get their schist together. Soon.

RXD I don't know. Stocks go up on excitement and mystery and brokerage house promotion. Otherwise the company pegs it low.

echarter@vianet.on.ca

The Canadian Mining Newsletter
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