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Gold/Mining/Energy : New Claymore Resources

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To: No BS here who wrote (29)	1/15/1997 11:23:00 PM
From: FRANK KENDRICK	of 531

Hi No BS Here, Glad to see you posting to the threads (MEO & NCS). I also like the moves being made by NCS (shows good planning). The only concern is the lack of liquidity. I wish MEO didn't have so many shares out there. I like their liquidity but because of lack of money they did a little too much dilution for my tastes. The thing to keep in mind however is the nice percentages on both the Troymin and New Claymore properties that they have. If diamonds are hit on both properties they are in very good shape and the price will show that. It seems like the big three are accumulating a lot of land positions in Alberta. Maybe they will have most of the land in Alberta before they hit. See you in the Bahamas!!! Frank

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