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Gold/Mining/Energy : Canadian Technology issues

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To: Jon Robbins who wrote (423)3/29/1996 9:21:00 AM
From: Vartan   of 640
 
Jon:

You are right. It is difficult to interpret drill results. FLA's share price
reflects about 1.5 mill oz. of reserves. To date they have confirmed
about 500,000 oz. They will be doing a lot of drilling in April. I know the
principals of this company very well as I had FLA do a corporate
presentation in my city. They even wanted to fly me to Nevada to see
their property (I hate travelling). They are very confident that they will
find much more gold. The stock is a strong hold at this point.
Look for more news in April.

Vartan
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