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Gold/Mining/Energy : Blackstone Resources BLV-CDNX

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To: dragonden who wrote (336)1/14/1999 9:15:00 PM
From: Buckey  Read Replies (2) of 373
 
Fagan says Blackstone heads north to Pogo

Blackstone Resources Inc BZZ
Shares issued 10,985,501 Jan 14 close $0.11
Thu 14 Jan 99 In the News
Brian Fagan, writing in the January 1999 edition of the Fagan Report
(quoting prices from Dec. 31, 1998), notes that eight-cent Blackstone
Resources is one of at least nine Canadian juniors to join the Alaskan gold
rush sparked by the rich Pogo discovery. Pogo contains 5.2 million ounces
of gold, boasts a gross metal value of $1.56-billion (at $300 gold), and is
being developed by Teck and Japanese giant Sumitomo. In a brief report, Mr.
Fagan says Blackstone's claim block is "strategically located" to cover
several arsenic and bismuth stream sediment anomalies on the Big Swede
trend southeast of Pogo.
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