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Gold/Mining/Energy : United Keno Hill, UKH, Toronto**** Opportunity Knocks!

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To: Claude Cormier who wrote (4)3/3/1997 5:08:00 PM
From: Brian Gerbozy   of 1348
 
Claude, I agree that we wont see $70 again, but sounds like you are going on some old info, there are currently 15 million shares out fully diluted, about $1.20/share, proven and probable reserves of 463,000 tons, at 32 oz/ton, and possible reserves at 960,000, 30 oz/ton, so says the company, 14.8 million, and 28.8 million oz respectively. Speak with Steve Powell or Cary McCloud, 416-955-9085 , or order an annual report. They have spent literally Millions to hone operations and cut mining costs, I just don't see what the point would be to reopen the mine and resume operations this year is they had no silver, do you? Brian
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