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Gold/Mining/Energy : Great Basin Gold GBG.VSE (merger of Pacific Sentinel Gold) -- Ignore unavailable to you. Want to Upgrade?

To: Emil T. Colosimo who wrote (66)	8/24/1999 2:09:00 PM
From: ELP	Read Replies (1) \| Respond to of 317

Hi Emil GBG started the first of three 50 hole drilling programs on Aug.21. They also just mailed out an analysts report to over 300,000 people and organizations to let everyone know what they have. I have not done as much DD as I should have on some comparative properties. GBG is out to prove up a low cost gold producer similar to the Ken Snyder mine which Franco Nevada has down in the same area of the Carlin Trend in Nevada. Some similar low cost producers are Goldcorp Inc.and Meridian Gold plus the Ken Snyder mine. At least these are the three companies I think might be used to gauge GBG against. These two stocks are trading in the $7.50 to $ 8.00 range. I will say right up front that I am long on this stock so you should do your own DD on it. I think there is going to be alot of action on this stock in the next little while. It also trades OTC on the Nasdaq. The volume there has been quite abit higher than on the VSE. GBG has 5 times as much land as the Ken Snyder Mine and they have + 3 million oz. gold equiv. The geology is very similar. GBG also has alot of control points on this geology as over 900 shallow holes have been drilled in the past. This gives them a pretty good road map as to where they need to drill. You can read about it on your own at www.hdgold.com. I hope this helps you out. Regards Eric Regards Eric