GOLDEN RULE (tse:GNU) Message Board

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Gold/Mining/Energy : GOLDEN RULE (tse:GNU)

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To: Frank Moss who wrote (37)	3/12/1997 10:49:00 AM
From: bigdude	of 957

GSchachter GReport GThis Gis a Gcopy of the Schacter Report I got, so I typed it in. (sorry for typos in advance) Schachter is a money manager out of Calgary that is really bullish on stock. Dated March 7, 1997 Golden Rule Resources - the company's exploration work in Ghana continues at a very rapid pace with all the trenches completed over the 2km area (100 metre spacing), with results expected from the labs starting next week. Senior managers and directors are presently at the site and they will be going over the drilling program and signing the drilling contract. Drilling is expected to start at the end of March, with depth results available by late April. The company is planning an analysts' strip to the site as they have received many requests from the senior investment houses to get up to speed. The next few weeks should be very exciting if the trenching confirms the grade and aerial extent. We should know the three key elements of length, width, and depth of the anomaly over the next 3 - 6 months. Upside is substantial if the 30+ million ounce reserve is delineated. Hope this was Ghelpful Bigdude (the dude who keeps the little Gdudes informed, and who derives great benefit from the views of others on this Gthread)

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