JNN-VSE HIT BIG ........21 oz. gold in grab samples Message Board

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Gold/Mining/Energy : JNN-VSE HIT BIG ........21 oz. gold in grab samples

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To: KOLOS who wrote (100)	3/14/1997 1:55:00 PM
From: Walter Ostrikoff	of 124

News announcements for JNR and Consolidated Pine Channel to be out next week. Geophysical program in progress on the new uranium properties, drilling to commence before summer. Asbell Bay gold properties- geophysical results currently being analyzed. Results will determine where to commence drilling. Drilling to be completed before spring breakup (4-6 weeks from now). On the Asbell Bay property my understanding is that they have only completed 10 holes of a 20 hole commitment. The company says they are happy with the consolidation of pricing at current levels and are in this for the long haul. They don't like the short term flipping recently experienced. And that is all I know at the moment. Ultimate share value will be determined by results of exploration not hype.

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