BALACLAVA MINING (BIL.V) Message Board

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Gold/Mining/Energy : BALACLAVA MINING (BIL.V)

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To: Tom Harper who wrote (83)	8/19/1998 10:56:00 PM
From: chevalier	Read Replies (2) of 139

I am not disagreeing that there is a lot of hype surrounding this play at the moment but that is what makes it exciting to own in this otherwise dead resource market. If you want to break down the company at present then it is worthless and overvalued. However it is not everyday that you see 85 meters of trenching averaging over an ounce/ton. It sets the imagination off in every direction. At the end of the day the drill holes will tell the tale of this story and the results are going to have to be spectacular to keep this stock moving higher. Just as a side note its sister company MSR was just given a takeover offer for $50/ounce in the ground. Excellent in this market.

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