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Gold/Mining/Energy : Latitude Minerals LTU.V

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To: Paul S. who wrote (124)10/15/1998 9:13:00 PM
From: Joel W. Grothendick  Read Replies (1) of 366
 
Sounds good Paul. I understand that the main drill target at kilgore
is off 96ekc-178 on the Bear Cat Fault. I was just curious if they were looking at extending the actual kilgore resource southeast of the
Cabin Fault which is still an open target area. Something for future
consideration. If the assays from the current drill programme are
indeed positive, at 200' step outs this could very well be big. Without doing the math, I would venture to say that the resource could possibly be more than doubled. If this were to occur the economics of
scale would make Kilgore a much more attractive potential mine. With
gold still holding it's own (current Asia spot price ask @ $300) and looking imo bullish, I would think kilgore would at least attract some
attention.

>>Apparently all permitting is underway on the Blue Hill project in anticipation of upcoming drilling.<<

Are they planning on drilling Blue Hill again this season ?

>>. What I can't understand is why more people aren't trying to pick up bits and pieces of this stock.<<

Me either.

Regards,

Joel
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