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Microcap & Penny Stocks : IKAR Mining Tungsten iron ore gold silver copper cobalt

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To: Jim Johnson who wrote (301)	10/1/1998 10:03:00 PM
From: Alan Markoff	Read Replies (1) of 631

Jim; I have nothing to add, but I do wonder why they are not drilling down from above. My post may have been misleading since I stated the drill was to go through the surface. That is not the case. The drilling is going up from inside the tunnel to a certain depth and is not penetrating the surface which is farther than the drill needs to go that is why the drilling is originating within the tunnel. I also wonder (Just cusiosity really) whether the drill they are going to use is rotary or spudder. Since they do not have any idea how much drilling that is going to have to be done, again I can only assume there is no completion date for this phase. I forgot to ask about the type of drill they are using as far as a completion date my understanding is the Ikar will inform us shortly of that issue with either a news release or an update on the Web Site. My feeling is that IKAR has a very good relationship with the country and I myself believe the property will prove itself out (MY OPINION) after the completion of the summer work program and feasibility report.

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