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Gold/Mining/Energy : Triton Mining

TTM 25.14

+1.0%

Jan 23 4:00 PM EST

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To: Bill Jackson who wrote (1)	3/10/1997 7:12:00 AM
From: Wafa SHIHABI	of 22

On March 6th, Midland Walwyn issued the following comment on Triton's release: "Yesterday's increase in reserves confirms in our minds that Manantial Espejo will host Triton Mining's second gold mine. By 1999, Triton has the potential to be a 160,000 ounce producer. This excludes the La India project in Nicaragua where joint venture partner TVX Gold (has option to earn 60%) stated there is potential for a 1.5 million ounce resource." Midland Walwyn reiterated their buy rating with a target price of CAD7.00 on the stock.

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