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Gold/Mining/Energy : Barramundi Gold

BAM 53.90

-0.9%

Nov 4 3:59 PM EST

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To: zebity who wrote (20)	5/28/1999 9:11:00 AM
From: Ross Orr	of 99

As per yesterdays announcement, BAM started drilling the Swede's pit area to obtain better understanding of geology for next year's bulk sample. Even with US$250 gold company should turn a profit of $Cdn 3.0 mill. Not bad for a bulk sample. The real story lies in the anomaly which sits at 100 meters depth. Bob's view is that this could be the engine that feeds the gold to the quartz veins. Sounds a lot like Pogo. High grade quartz veins at surface with a much larger animal sitting below. Ross

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