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Gold/Mining/Energy : MIRANDA--MAD ON VSE

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To: Sean Hurd who wrote (338)5/19/1998 8:27:00 PM
From: Blake  Read Replies (2) of 462
 
Miranda Industries Inc -

Kaiser says world-class potential makes it a buy

Miranda Industries Inc
MAD
Shares issued 8213100
1998-05-15 close $0.44
Tuesday May 19 1998
John Kaiser, writing in the April 28 issue of his Bottom-Fishing Report, says
Miranda Industries is a strong buy at 45 cents. The letter writer tipped Miranda a
buy in December 1996 at around 49 cents, and again in December 1997 at 29
cents. Mr. Kaiser's current enthusiasm is based on prospects for Miranda's Las
Catalinas property in Mexico. According to Mr. Kaiser, when Miranda's sombre
director, Steve Ristorcelli, checked out the property, he "could not resist a bout of
irrational exuberance." Mr. Ristorcelli could not believe that the altered and
mineralized intrusive complex bore no evidence of serious exploration. "According
to Ristorcelli, Las Catalinas has world-class potential," Mr. Kaiser says. The
company wants to bring in a discovery hole on its own, but it will need some fresh
capital, Mr. Kaiser notes. He adds the project has already attracted interest from
the majors.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

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