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Gold/Mining/Energy : Jersey Petroleum -JPI (was Jersey Goldfields -JRG)
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To: David Bandy who wrote (7)12/6/1996 2:05:00 PM
From: burner   of 100
 
David,
I just spoke with Jim Yates at Jersey.
first of all let me reiterate what a thoroughly professional, affable and cordial man he is. No hype and straightforward, honest information.
He is encouraged about the Pilzhum findings and believes it may has great possibilies. They have been stepping out a kilometre at a time and this is still producing results indicative of a large anomaly. He seems to be particularly interested in hole PD96-16 and complete assay results should be availabe in a week to 10 days on this current drilling. He was obviously disappointed in the La Envidia results as far as the gold values go but did feel that the copper grading might be attractive to some of the majors. It may take a little time for the word to get out on these early findings but he feels the stock price should firm up and as anyone in the business should be, hopes the assay results will be far too significant to be ignored in the market place.
Regards,
Dan
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