CLAIMSTAKER RESOURCES, (VSE:CLN) Message Board

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Gold/Mining/Energy : CLAIMSTAKER RESOURCES, (VSE:CLN)

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To: Chuca Marsh who wrote (74)	1/31/1997 8:20:00 PM
From: Silviu Moldovan	of 199

Hi Charles, I'm not sure if I got your question right (who is NM?) but I suspect that you are refering at the CLN joint venture with PPV.A on the Blackdome Mine (in B.C.). PPV.A will have to come out with $2,000,000 by May 1/97, in order to earn 50% in Blackdome. If they can't raise the money, they'll be out and CLN will keep 100% of Blackdome!!! Blackdome is the only JV so far for Claimstaker (and after May 1/97 they might as well have no JV partners at all!). I hear that all Claimstaker projects are progressing well and that news releases will come, and they'll be many, and good too... All I can tell you is that I used today's weakness to add to my position. I hope that you guys are experienced enough to realize that any weakness at these levels should be used to accumulate, and not to try to turn slim profits. You should all realize that the drop in price during the last two days would likely have to do with month end selling (don't you think?). Probably some guys thought that the news will come before month's end and wanted to be in for the run! Well, apparently the paper work took a bit longer, so we might get the news next week! I told you that CLN has excellent management, and they don't wanna take chances. We'll have the run! I can smell it! Hopefully the home page will be updated over the weekend in the "projects" area, wich hasn't been updated lately. It looks like the CLN story is getting out and more people are visiting the home page! Have a great weekend, Silviu home page at: infodine.com

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