IDCN - gold, garnet, etc. Message Board

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Microcap & Penny Stocks : IDCN - gold, garnet, etc.

IDCN 0.00001000

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Mar 6 3:00 PM EST

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To: Gordon Gekko who wrote (2755)	9/17/1998 10:31:00 AM
From: Sojourner Smith	Read Replies (2) of 5908

I am taking email from Jeffrey, so he doesn't have to send to everyone. Here some information he wanted to make sure people understood. ---------------------------------------------------------------------------- This is an historical property, worked last century for 48,000+ ounces. We know we have at least 250,000 ounces at Isaac's Harbour, we have published this and our prospectors are the ones that tell us these things. The July 13 assay was our trenching in slightly different areas than before. Prodigy trenched in the highest area. Surface quantities should be at least 250,000 ounces. Our book value from any gold would be about $11.50 per share per million ounces of gold. These are inferred assets, possible and probable reserves. Further testing must be done so we may officially quantify the property and carry the inferred assets on the books. The TUNS report is easy to read. The PPM is parts per million or in other words, grams per ton. One million grams in a metric ton (2204.622 lb..) You take the sample number 3, at 198 grams, divide by 31.102 to get the ounces per ton. Thank you, Jeffrey

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