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Gold/Mining/Energy : Anvil Resources (V.ANV)

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To: ehbear who wrote (1764)8/7/1998 10:48:00 AM
From: SAM-DAN  Read Replies (1) of 2214
 
Check with POM IR, they are very factual in what they say.The drilling in Dunka is 500ft deep reverse drilling for material to send for testing of their recovery process so no "big" discovery there.Dunka is a large deposit but at least 3 years from production.
They are getting ready to start drilling in Voisey but probably not until end of the month.
Two factors might account for stock rise.They have applied for listing on TSE and that could happen within the month.And most important, control is held be the people who owned Diamond Fields and sold it to INCO so there is plenty of money there to develop this company and support the stock price, as well, they know Voisey very well and obviously have high opinion of the Voisey property's potential.
Eventually, once they begin work in Voisey, that action should help Anvil stock price.But right now ANvil is trading on the Texas play [and rightly so].Frac , hopefully by Monday, should see another positive move by this stock and then we will get the respect this company deserves.
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