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Gold/Mining/Energy : ENERGOLD (EGD.V)

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To: keith schaefer who wrote (69)1/11/1999 7:02:00 PM
From: Brumell   of 130
 
Price and Volume UP today!

Energold is starting to look like a winner. With a little backing and filling, the price has been going up steadily for the last few weeks. With today's trading we saw something new... substantial volume and some good sized trades. Looks like investors are clueing in to the real potential, here.

Consider the Longyear property. They have a 600 x 1200 meter gold in soils anamoly from which surface pit, float and outcrop samples in the 300 x 700 meter central area average 1.22 grams of gold per tonne. Considering the location and year round accessibility, the nearby 25 million oz. Pueblo Viejo Mine, etc, sounds to me like a much better prospect than most in Argentina, Peru and Chile.

Meanwhile, I hear Atna are doing well on their optioned ground. Word is their geophysical surveys are producing more targets than anticipated. They are planning a February start on drilling.

These are still the very early days but it's starting to look very promising. Good luck to all.

B...
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