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Gold/Mining/Energy : Desert Sun Mining Corp (DSM-V)

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To: Joe Veres who wrote (1)3/4/1997 10:02:00 PM
From: Essam Hamza   of 42
 
Hi Joe, Jiong,

I was wondering how long it would take to get this thread going. I thought about starting it back in November when the Hard Rock Analyst wrote a long report and a strong buy recommendation at the time.

This some things he had to say:

"The management of Desert Sun Mining Corp. has always had the ability to recognise high potential projects at a early stage.

The Batangas project represents 200,000 oz of indicated eluvial resourcs, and an excellent drill target that could add oz at a rapid pace if drilling cuts ore grades in the zone underlying the eluvial resource.

We recommend the shares in the current price range (.80) with a 3-6 month target of $3.00 to $4.00 if drilling returns viable grades."


Last week I called David Coffin who rights the Hard Rock Analyst and he said to expect much higher prices as soon as the drill results are out. He expects these results any week now.

Good Luck,

Essam.
(In since $0.90)
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