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Gold/Mining/Energy : Anzex

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To: TOM who wrote (26)5/20/1998 7:58:00 AM
From: chevalier  Read Replies (2) of 253
 
I spoke to Todd in the afternoon and came away with a better feel for the company. I picked up some shares at $2.10 but need to conduct more geological D.D. before I am completely comfortable with this play. Things that I like are: 1) they have filed for a 20f which should take 6 months, and 2) Dr Tony Naldrett is on board this play, and 3) Insiders control about 40% of the shares. 4) The float is fairly tight with 3-4 million shares kicking around.
It is going to be a while before drill results are out as each hole will take 2 weeks to drill and assays are not going to be released until all 3 holes are drilled.
When I find out more property info I will post it
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