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Gold/Mining/Energy : AEE vse (Antler Resources Ltd.)

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To: George J. Tromp who wrote (13)12/27/1996 3:38:00 PM
From: Kenith Lee   of 27
 
Hi George,

I spoke to the guy at the booth at the S.F. Gold Show. Yes, MGJ has lot of properties. My only concern then was that they are low in cash. I think they got some financing recently. At the time, I only have resource to track either LYS or MGJ. Both of them are on Bob Bishop's list. I choose LYS instead. Both have moved up slightly lately. I figured they aren't that bad in shape. Otherwise, Bob would have removed them...

As for Mink, they ran into the nugget effect problem on their gold project. The drill results were not good. I think they are looking at the bulk sampling. However, I have high hopes on their diamond projects. They keep finding more pipes (over 20). The odds of having an economical pipes has increased since last year. Ashton has added more staffs since. I don't think Ashton would have committed this if the prospects are not there. Don't you think so?

-KL
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