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Gold/Mining/Energy : Queenstake Resources (QTR.T)

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To: Robert Dirks who wrote (1732)1/13/1999 8:32:00 PM
From: tanoose  Read Replies (2) of 2249
 
Hello Robert;

Maybe this had something to do with it, although I received it to-night, my mail appears to be coming in late to-day, seems like a confusing message in this release??

Kaiser says Queenstake still a buy

Queenstake Resources Ltd QTR
Shares issued 38,210,879 Jan 13 close $0.42
Wed 13 Jan 99 In the News
John Kaiser, making his recommendations for 1999 in the Dec. 11, 1998
Bottom-Fishing Report, says Queenstake Resources is a medium-priority buy
at 62 cents. Mr. Kaiser tipped the stock a buy in December 1997 at 74 cents
and in December 1995 at 80 cents. The bottom-fishing pundit says his ardor
has cooled toward Queenstake since his recent recommendation in November
because the price has gone up since then. Queenstake, with $8.7-million in
the treasury, is one of the few cash-rich juniors that are still active in
Peru. The big project is Uchcumachay, where Barrick is drilling a
Pierina-style epithermal target. Mr. Kaiser says it has potential as a
major gold system. The company is also drilling its 60-per-cent-owned
Guinoloza project in Mexico next to the El Sauzal deposit. The letter
writer notes Queenstake has an Internet following, and that this presents
trading opportunities.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

With regards,Frank
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