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Gold/Mining/Energy : ORCANA RESOURCES -v-ocn /Hot MEXICAN PROPERTIES-

OCN 38.26

-7.5%

Oct 23 3:59 PM EST

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To: ken dresser who wrote (7)	12/22/1996 11:55:00 AM
From: Rick Hawke	of 84

Hello Ken & All Just talked with John Tait Jr & Sr. Spent some time on the Phone with Jr. I asked him specifically if there were any ongoing talks with anyone about JV's . He wouldn't say straight out that anything was imminent but that there were ongoing talks with a maj. that were taking longer than he would have liked. Also asked him to fax me maps of property in Sonora which he did promptly. My overall enthusiasm about this co. has not been dampened but it looks like a longer play than I originally anticipated. Seasons greetings to all Rick

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