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Gold/Mining/Energy : Goldstake
GXP 31.990.0%Jun 5 5:00 PM EST

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To: Eashoa' M'sheekha who wrote (6)11/25/1996 3:45:00 PM
From: Geoff Foulds   of 10
 
The Longyear 44 is our rig of choice. We're at the development stage rather than exploration. This is the ninth hole, although there was a change of operators and a gap of time between the current program and the first eight holes. Assay labs never guarantee turn around time but they are on schedule to get us results in the next 10 days to 2 weeks.

Geoff Foulds
Goldstake Investor Relations
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