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Gold/Mining/Energy : RED EMERALD RESOURCES -- Ignore unavailable to you. Want to Upgrade?

To: Martin who wrote (558)	8/20/1999 12:27:00 AM
From: Claude Cormier	Read Replies (2) \| Respond to of 862

Hello Martin, Well I disagree that the reverse split will help promotion. It was not needed. <<Let's "blue sky" it for a bit; say 1 carat per ton (as historic) at over $1000.00 U.S. profit per ton. 1.7 million inferred and 5 million est. Better than gold I think. >> I think the carat recovery per ton is much lower. And since we haven't received any new on operations or anything from the company in a year... we cannot conclude that the stuff they are recovering will fetch a price of US$1000 per c. I am staying away of NRY for now...simply because they are failing to inform shareholders. But I am following just in case.