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Gold/Mining/Energy : Any Good Penny Resources Left?

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To: keith schaefer who wrote (742)1/21/1999 10:45:00 PM
From: zebity   of 753
 
Barramundi (BAM) has 5-10M oz, raised over $1M in last 12 months,
is trading in .20 - .30 range and and most importantly is doing exploration in politically stable countries.
The Longline project in the Yukon, has potential for 5-10m oz and they will be starting a trial main their this year (1999).
If you look through all the news that has been released.
barramundi.com you will see that via private placements and funds from a convertible note that they have raised over $1M in the last 12 months.
This funding is now being used to establish a trial mine on the Yukon Longline property.
The number of shares is something like 12M.
This is a good long term jnr. investment possibility.
They recently released a very informative 1988 Annual report which provide lots of information on their projects.
They also have a very informative brochure on the Longline project, where they announced 5-10M oz potential of the property.
Company also has joint venture with Normmandy Mt Leyshon.
If you are interested in gold exporloration companies then have a look at this one.
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