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Gold/Mining/Energy : cancor mines

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To: Midas who wrote (29)	5/17/1999 2:16:00 PM
From: Brumell	Read Replies (1) of 66

Talked with Mr. Khobzi today, Midas. He doesn't think they'll get started drilling until late June or early July. Right now he says it's wet underfoot while the forest fire hazard is high. They have the money and are well financed. They want to pick the most advantageous time, he says. Regarding a website - they are working on it but get the impression it is not a rush priority. He says it should be up by summer and that they want to do a good job, not just a quick job, with it. One interesting note was he sounded ticked by the market's lack of response. He said if they'd had those results two years ago, their stock would have risen several dollars. Apparently he doesn't relate the lack of market response to their complete absence of promotional activity. Meanwhile, he wants to be helpful and doesn't mind phone calls. He can be reached at 514-849-3013. Maybe calls from others will finally ring their bells that more promotion and data are needed before the market will take notice. Looks like we have good technical people here but no promotional types. Ideally it takes two to tango. Regards, Bob

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