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Gold/Mining/Energy : Rondal Gold Corp -RGD (formerly Prior Resources - PQL)

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To: nchan who wrote (171)1/6/1997 10:14:00 PM
From: Bob Brigger (Robert)   of 331
 
Thank you for the release, I just came on and saw the postings.

I was expecting this earlier to-day but they must have decided to wait until after the market closed.

I have done some rough calculations based on the potential of a minimum of 300,000 oz

300,000 X$ 50.00 P/t divided by 29,500,000 shares = .50 per share

Obviously they feel this is economic and worthy of further drilling at a cost of $500,000.00 per 70 holes.

IMHO, we have a winner, lets see how the market reacts to-morrow to this news.

Comments, anyone

Good luck

Bob
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