Int'l Wayside Gold Mines Ltd (IWA-VSE) Message Board

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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE)

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To: zoli bognar who wrote (334)	12/8/1998 3:03:00 PM
From: Little Joe	Read Replies (1) of 1321

IWA IS ON THE MOVE In the past,IWA has received a number of buy recommendations from many analysts. They have included recommendations from Wolverton securities and Union Capital markets in the United Kingdom. The recommendations were based on drill results and the strong potential for adding significantly to their reserves. The rationale being that this area has already produced 3.82 million ounces and mining stopped when gold was fixed at 35 dollars per oz and the mine had to produce .5 oz per ton to meet production costs. Given the recent slump in gold stocks,now is a good time for investors to again start their due diligence on IWA's prospects before the new resource calculation is complete. The new calculation and the on going drilling program could add significantly to to the existing reserves. It is important to remember that the recent assays have reported some of the best holes to date. Little Joe

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