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Gold/Mining/Energy : A STOCK TO WATCH THIS WEEK

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To: Bo K. Semeniuk who wrote ()7/30/1998 6:01:00 PM
From: zebity  Read Replies (1) of 602
 
Barramundi Gold, (BAM) an interesting jnr

You might be interested in looking at Barramundi Gold.
They trade on the Alberta Stock exchange (BAM).
They are a very interesting jnr, with a depresssed stock price, following the triple wammy of: Gold price drop, bre-x fiasco, australian reserve bank gold selloff.
They have exploration properties in Australia and Yukon and have recently signed a Joint Venture agreement with Normandy Gold (Australia's biggest gold miner) (meaning that property has undergone due diligence review), so their prospects are starting to look very good.
CEO is a geologist with proven mine finding ability and is very keen to turn company quickly from jnr exploration company into a mining house.

Initial results coming out of the Yukon property (expecially Longline) have been very positive (assays result are on www site).
Upside potential of this company is Huge, have a look at their www site: barramundi.com for details.

There has also been a large recent injection of private capital into the company, so things seem to be heating up.
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