Goldnev Resources (V.GNZ) Message Board

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Gold/Mining/Energy : Goldnev Resources (V.GNZ)

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To: Gerald A. Lucker who wrote (6)	1/3/1997 3:53:00 PM
From: Maurice Fougere	of 47

Hi Gerald, The goldnev warrants are up to .09 cents up .06. The better deal is the GNZ stock itself last at .53 and climbing. The stock was up over 2.00 from American buying. 50,000 was sold this morning but I think the Americans are going to cost average down. I got in at .30 and had a look at who was also doing a jv with Canarc in Indonesia. Blackwater Gold Corp. (BWG-V) also signed a deal with Canarc for exploration on 98,160 hectares of land lying within the central Kalimantan goldbelt (Bre-X) The deal is done and BWG can now move ahead with the first phase. The property is 200km northeast of the busang discovery. Blackwater has about 5,364,464 shares out as of Nov.28/96 and is at .31-.33 I own both and I am looking at Canarc as well as they signed 13 JV's in Indonesia as the have been in the area for three years and are well set up.

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