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Gold/Mining/Energy : NP Energy Cp New
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To: SwampDogg who wrote (17855)5/25/1999 6:45:00 PM
From: Ken Sammut  Read Replies (2) of 22810
 
NPEC is rallying on its own merits. The excitement is coming from it's telecom division.

Vinny probably was referring to the Silver mining properties NPEC has in the state of Washington.

>>>Silver Properties, Washington State:

In a news release on May 14, 1996 the Company announced progress on a sampling
program on the multi-vein system in the old workings of the Melrose Mine. Assays of
between 0.87 and 108.41 ounces per ton (opt) silver were realized in chip samples taken
from vein material in the old adits and drifts. Further work has been undertaken. Additional
ground has been staked, several new mineralized veins have been discovered and new gold,
copper, silver areas are being sampled. The first assays of these areas received on August 2,
1996 are as follows;

Sample .........Cu %.......Pb%......Zn%.....Ag(opt)....Au(opt)

Rocky Creek....0.587........6.87....17.34.....120.97.....0.017
Charleston.........0.251........0.63......0.08..... 90.96.....0.096
Right face..........2.797........0.01......0.03.......8.15.....0.082
Left face............0.651........0.01......0.01......1.328.....0.026
Mineral Mt........3.933........0.01......0.06......12.68......0.066
>>>>

If these and other mining properties NPEC has end up doing well, then another reason for shareholders to smile.

Additionally,the ownership in MDHM is an asset on NPEC's balance sheet. When MDHM moves to new highs, it is just one more reason to be excited about NPEC.

There are a lot of fools on these threads but you rank right up there as one of the biggest. Congratulations.

Ken
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