A CANADIAN DIAMOND HUNT Message Board

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Gold/Mining/Energy : A CANADIAN DIAMOND HUNT

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To: VAUGHN who wrote (481)	4/19/1999 1:22:00 PM
From: VAUGHN	of 930

Hello Ed As requested, I will post this here. There are three juniors on the Yamba Lake play plus a mid cap with an exceptional industry reputation SUF. The Property is divided as follows: SUF.TO 51% TQY.AL 19% MIY.V 19% CAV.V 11% As of March 8th, the players floats were: SUF.TO 30.4 TQY.AL 25.1 f.d. MIY.V 58.6 f.d CAV.V 21.4 f.d. Leverage and thoughts: SUF.TO #1 in leverage and a class act all the way with numberable properties, blue sky and production. It is the operator but unlikely to see early speculation, but likely to increase the most in $$ terms. TQY.AL #2 in leverage, but likely to experience the greatest % gain. Most tightly held of the players, it typically trades low volumes although that has been increasing. Has few other plays but some cash in the bank I believe. Some warrants to exercise at higher prices but no plans to float any paper. MIY.V 58.6 f.d #3 in leverage, but likely to be the most popular player due to its excellent liquidity. Has traded over 800,000 shares several times in the last few weeks. Some other plays of merit but modest cash in the bank. Management can promote and has no plans to float paper but some warrants to exercise at higher prices. CAV.V 21.4 f.d. #4 in leverage, fairly liquid since this play took off but probably has a lot of paper looking for an opportunity to exit. Management has a questionable rep but can promote when it has to. All three juniors up from lows of roughly $0.05 with TQY up the most closing Friday at $0.38. They appear set to move as market depth on the ask side has some big gaps between lots. A few posts possibly of interest: techstocks.com Message 8688337 Message 8972247 Keep one eye on the SUF thread as most chatter occurs there and one on the MIY thread for a few other thoughts from time to time. I currently hold the top three. Should see a drilling progress NR anywhere between today and Wednesday next with the first of 40+/- pipe targets drilled by then. The story on this play should carry on throughout the summer and fall as many targets are under small discrete lakes which can be drilled all year around. Regards

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