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Gold/Mining/Energy : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Dickson who wrote (3192)	7/20/1999 11:02:00 AM
From: Claude Cormier	Read Replies (2) \| Respond to of 4504

Jeff, In short, the results confirm TG-1. Hard to say how the step-outs will expand the resource..as I don't have a map showing th enew holes for now. I like the idea of the gold system expanding to the north beyond TG-1-6. The possible connection between TG-1 and TG-3 is interesting. But the news that will tell us if we move higher from here are still ahead... TG-3 will tell the story. ...then TG-7. Claude

To: Jeff Dickson who wrote (3192)	7/20/1999 12:05:00 PM
From: Mark Bartlett	Read Replies (1) \| Respond to of 4504

Jeff, The fact that drilling will continue on TG3 for the foreseeable future and the potentially new gold zone to the north is quite positive. These oxides are going to be very cheap to recover (likely under 70/oz) - very few mines in the world today could compete with that cash cost recovery rate. Also - as we can see the "river" is really not an issue - in fact it is very shallow. Overdurden is sand, making open pit very likely. In any event, IMO we have a release that will hold the stock at the 6.60-6.80C area until further developments. MB