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Gold/Mining/Energy : KAISER' PICKS AND FAX ALERTS, ***(JOHN KAISER)
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To: David Raine who wrote (144)8/1/1998 10:35:00 AM
From: CLK   of 311
 
One Kaiser pick that I think is about to move higher is RDK.V, Redhawk and the reason is that the drill core on their zinc property has now been extracted and sent to the lab..results in a few weeks. The odds are good for a significant find and even tho it is only zinc, the economics are quite good and the property is substantial in size and near the Cominco smelter. So if they get 8-12% zinc, the stock, which is thin, should move nicely higher from .70 where it last traded. Spread is wide at .67 to 1.10 but there are only 3.7 million out. The old mine next door produced for 26 years!
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