Kalahari Resources Makes Major Move Upwords Message Board

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Gold/Mining/Energy : Kalahari Resources Makes Major Move Upwords

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To: Paul Bilecki who wrote (317)	4/13/1999 7:28:00 PM
From: Andrew	Read Replies (1) of 349

Hello Paul, made a few phone calls today. What I came up with is that SUF had a technical problem with the drill rig on Wed while drilling the second hole and that delayed the drilling for a day or so. They should be on the fourth hole as I write this. Now why would they be drilling four holes? One thing I was told was they can't drill on an angle because of the depth of the water (20m), you were a driller I'm sure you can explain this, hence the reason for 4 holes instead of 3. Lookin good I'd say. By the way I own IAR also and no KLA. IAR with the small share float and 11% of the project will be taken over by SUF which has 40% of the project to make SUF 51%. Kennecott has back in rights for 30% and I can't see any chance of SUF giving up being the project operator if it looks like there is anything economic on these claims. Andy, owner of a small percentage of IAR

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