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Gold/Mining/Energy : Chapleau Resources :VSE>CHI

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To: chevalier who wrote (94)	11/11/1998 11:33:00 AM
From: Rick the Vet	Read Replies (1) of 118

Ari -- I reiterate my previous statement. Buy the real thing, side plays are for kids. Cavanagh's Pipeline deposit is being mined by Placer Dome at a cash cost of $53.00 per ounce. This should add dramatically to the value of a similar deposit. The last paragraph of the release tells the story -- Cavanagh is convinced there is at least one deposit on the property. They have moved a second rig onto the property and are punching holes quickly. Who knows, the discovery hole may already be in the lab. This is a solid play in the heart of the world's richest gold producing area. Don't have to worry about any Banana Republic government killing your men in the night. If Cavanagh says the gold is there then I believe he will find it. Given the size of the halo, it won't be a small deposit.

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