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Gold/Mining/Energy : International Larder-Symbol LRDR on the CDN

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To: pete meyer who wrote (101)1/3/1997 10:24:00 AM
From: rex reed   of 278
 
Pete and Don,

I have a feeling the recent activity in BLKP is due to completion of financing for a Jan. drilling program on the property east of BAN. This property has a lot of potential since we know the BandOre Horizon extends onto the ground. Hopefully Pickens has learned a valuable leason, drill the known structure with AU values as opposed to wild cat drilling.

I was told a dollar is likely, this will only help PALL. ( Which I think is a better stock to hold for a Timmins Camp area play)

Also remember that most of the juniors are experiencing stonger share price due to completion of tax loss selling.

Keep an eye on the Timmins Area this month, A BAND-ORE buyout will cause alot of excitment (even for LRDR).

Stay Tuned
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