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Gold/Mining/Energy : Macdonald Mines

MMP 69.00

0.0%

Sep 25 5:00 PM EST

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To: JOHN FREW who wrote (20)	1/13/1997 10:30:00 AM
From: Rob	of 135

Sorry for my delay in response but I have been on vacation all last week. I will look into stuff today and try to get you some info soon. Helms-Burton - delayed again for 6 months, my feeling is still that it will never come to pass and it won't really matter, most investors in this company are Canadian. This resource calc doesn't include a large amount of drilling and some possibly large zones! What it does give is that there will probably be a mine and that there will be a floor of at least 50 cents right now. Currently there is nothing in the price for spec value and exploration. I think that the next 4 months will bring a lot of news and results. At least now we have a starting place. Rob

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