Abacus Minerals Corporation (V.AMC) Message Board

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Gold/Mining/Energy : Abacus Minerals Corporation (V.AMC)

AMC 2.590

+3.0%

3:59 PM EST

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To: Neil Irwin who wrote (115)	5/11/1998 9:17:00 PM
From: Mr.Staya	Read Replies (2) of 397

Neil, very encouraging results, as these were very widely spread out holes. I just got off the phone with the President and they are extremely encouraged. In fact he is a geologist and can't remember seeing grades this good for years, in initial drilling. They have started drilling their 8th. hole 50m from hole two. With these results and if hole 8 comes up with anything close to hole #2, we should see an easy $2/share very short term. It sure is nice to see results like these given the wide proximity of all the various holes. They could have anywhere from 1 to 4 million ounces of gold, even if #8 has just a titch of what #2 had. Not including the other six holes of mineralization. Regards, Ric

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