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Gold/Mining/Energy : Elkhorn Gold Corp. (EGC-T)
TMO 618.94+2.0%3:59 PM EST

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To: Karl Zetmeir who wrote (70)9/25/1998 4:14:00 PM
From: Grant Baker  Read Replies (1) of 89
 
Hi Karl - long time no see! Do you still have a position in this stock? If so, I trust that you have at least managed to average down! It has been some time since we last discussed this stock - if you are still holding, I hope that it will see the other side of $1 for your sake sometime soon!

I recall that there was another Treminco PR within the past couple of weeks - I believe that it had results from the first few holes of this program.

I haven't been following TMO that closely - what percentage of this Elkhorn project do they have? By the shallow drill holes I expect that we are talking open pit as opposed to underground workings. It seems that the company is positive about development prospects - wonder what the pre-feasibility study will say about expected capital costs, etc.

Take care.

Grant.

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