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Gold/Mining/Energy : Minestar -- a quick double -- then more
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To: READE SMITH who wrote (11)3/2/1997 12:29:00 AM
From: READE SMITH   of 15
 
Minestar was up 50% this week on steady (for MNS) volume -- An interesting sign of strength in this thinly traded stock -- the bid and number of shares offered had to keep moving up in the absence of sellers -- Shareholders in the know are reluctant to sell because they know what is comming in the next few weeks. There will be announcements on:

The first sales of silicon sand will be announced -- making Minestar a viable profit-per-share junior capital pool corporation:

Drilling results -- widely expected to show much more than the proven gold reserves of the mine which MNS bought last month. (What would happen to MNS if the actual reserves were 10 times higher than the l5,000 stated in the Feb. 13 media release? -- let's say 150,000 ounces of gold or 40 million dollars in the ground)? When the actual figures come out next month check the results against this post -- there's a story behind this which can't be posted on the internet:

Revenues from this first gold-mining operation will begin to flow in April:

Announcements are also expected on a joint gold mining venture in the southern U.S. which will be very profitable for MNS.

Stay tuned -- Minestar could head up over $1.00 in a heartbeat !!!.
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