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Gold/Mining/Energy : El Misti Gold Limited (EMG V)

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To: robert b who wrote (234)6/19/1998 5:04:00 PM
From: robert b  Read Replies (1) of 513
 
closed , i guess, at .66, say i guess because got the quote a little after 4:30 and these qoutes are updated every 15 minutes.

looks good ... bid .66 ask .68 so if anything it would go up !

anyway at .66 = up .16 = 32% gain !

recap from last weeks visit from Ottawa to beautiful Vancouver ...

John Huguet showed me pictures of the camp, the ground, and the core pictures and actual core from the site. Without getting into trade talk on the subject the explanation why the low return is as follows... the samples shown in the picture had LARGE gaps in the core that was missing. Where the large gaps were, there was the black mineralization stuck to the rock where thev gaps were. So, the part missing was the SOFT core that was washed away by the reverse drilling methods previously used. The El Nino rains did not help the matter either.
The new diamond drills with the fancy names will PICK UP 100% of the core whether its water, minerals (and these minerals were very soluable) or dead space and get an accurate reading. Somehow the explanation on the press releases were somewhat confusing and as investors when they saw .4G/T they pulled out. Well today's confidence and high volume and high increase might have a great turnaround in the very near future ... and that's my 2 cents worth !
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