Central Asia Goldfields M.CGZ Message Board

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Gold/Mining/Energy : Central Asia Goldfields M.CGZ

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To: Artur Bereza who wrote (3)	1/16/1997 9:41:00 PM
From: aki born	of 458

This news release indicates that results are 10% better than what the Russians have estimated and it confirms validity of these estimates. These are good results. There is more to come next week. I talked to a geologist from St. Genevieve (T.SGV) and he said that it is normal to find Russians estimates to be on the low side because of different standards they use. There was also a news release yesterday by Kazakstan Goldfield which talked about shippments of gold completed this year. CGZ holds 25% interest in Kazakstan. There is no reason for this stock not to trade in the $4.00 to $6.00 range considering the fact that only six or was it nine months ago Rochschild Fund, not to mention Investors Group both did a PP for around $5.00 or $5.25. They do DL before investing. I bought more shares at these prices. If a Fund can pay $5.00, it sure is safe to pay under this amount.

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