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Gold/Mining/Energy : ENERGOLD (EGD.V)
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To: Brumell who wrote (67)1/4/1999 10:56:00 PM
From: S. E. Baker  Read Replies (1) of 130
 
Hi, Brumell. I have only heard a general "mid-January" for the beginning of drilling. Of course, it could be later, but I doubt sooner. I would expect the price to head into the C$.70-$.80 range by the beginning of drilling, but you may find some available in the low sixties or high fifties sometime this week. Good hunting!

As for sharing a drill with Atna, what I heard from Keith was that EGD would use the drill to do all their Longyear holes first, then ship it to the San Antonio property so Atna can use it to do their drill program. I presume it would then return to Longyear if and when more drilling is due there. But you never know - plans can change.

Steve
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