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Gold/Mining/Energy : Maracote International Resources (VSE: MCE)

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To: chevalier who wrote (6)12/10/1998 9:03:00 PM
From: John Fairchild  Read Replies (1) of 339
 
Ari, I took some ARP profits today and I am now an MCE owner. MCE has been on my watch list and I could not help buying today as maybe we are seeing an indication of what has turned up in drilling. I find it interesting that they are drilling from the same collar at a different angle. Maybe they saw something they liked in the first hole which got terminated at 180 m due to technical difficulties. I like this statement from their last NR "Both holes have intersected sedimentary stratigraphy displaying moderate to intense fracturing, silicification and brecciation similar to that previously sampled throughout the Quilca breccia. " The property looks good with adit sampling of 5.9 g/t gold over 43.1m.

John
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