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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE) -- Ignore unavailable to you. Want to Upgrade?

To: I Am Sandman who wrote (494)	10/21/1999 10:18:00 PM
From: Hank	Read Replies (1) \| Respond to of 1321

Keep on drilling Frankie!!! We're going to hit the motherload one of these days!

To: I Am Sandman who wrote (494)	10/25/1999 6:09:00 AM
From: Little Joe	Respond to of 1321

Speculativestocks.com's Commentary On News Release. "As an aside, our current speculative stock, Wayside Gold IWA/VSE announced in a very recent news release, the results of the BC Vein drilling. We do not understand why someone would throw 60,000 shares at the market to the bid the next day on these results. We can only believe they did not know what they were looking at in the disclosed information. Hole BC99-18 hit a 90ft intersection of the BC Vein that had a true width of 70ft and this graded a little over 0.2 ounces a tonne. A part of this intersection was 30ft at 0.5 oz/t and part of this section graded 56gms/ton or 1.5 oz/t. Most of the other holes had gold but not to the same values while the most astounding part was in hole BC99-12. This intersected the BC Vein for 85ft at 0.154 oz/t and then a further amazing 50ft totally outside the BC Vein carried 0.202 oz/t. This was in the sludge and they are now going to split the cores for further assaying. The one thing that many do not understand about the rock in this area is that is very friable, so when the drill penetrates, it breaks up and much is carried out in the sludge. The intercept outside the vein however, was a 100% core recovery, so we would anticipate the same values in this core. We do not think many have picked up on this yet. Where you have a quartz vein that carries, this is a known thing, but to have the ground beside the vein also carry, well this is a different matter. It opens up a whole realm of possibilities. The BC Vein is on average, 15ft to 20ft wide over 2400 exposed feet.. We now see that some sections are as wide as 70ft. To add to this, depending on confirmation from assays that will now have to be done on all the drilling on the prior holes that extended beyond the BC Vein, this width could be now anywhere up to another 25 - 30 ft in width making the whole structure any where from 40ft to 60ft wide and possibly wider. After all they normally stopped drilling just after they had reached the hanging wall or footwall of the vein. Now most investors think that the grade has to be exceptional to think about a mine, but we have postulated somewhere in the region of possibly 600,000 oz in this area. ( Obviously this is totally conjecture at this stage ) We based our calculations upon an average 0.28 over a 15ft width for 2,400 ft by 900 ft deep ( the known width, length and depth of the vein ). Now if the average width is doubled? If we take the average grade down to 0.2 and increase the width to 30ft it brings our calculation to; 2400 x 900 x 30 x 0.2 divide by 12 cu/ft/tonne gives about 1 million ounces. This added to the open pit 1 million ounce resource makes this now a 2 million ounce resource. Now obviously there are a number of very big caveats to this calcualtion, so do not take it as gospel. It has to be drilled and assayed and very careful calculations have to be done by professionals to come up with an accurate resource. The financing must be placed, etc etc etc. Further to this, the most accurate grade calculations come from mining, so until there is a bulk sample, these assays just show there is continuous gold being intercepted. ( The odds of a 1 1/4" drill being poked into a piece of rock and consistently hitting the rich ore pockets is very slim.) There have been no assays yet on the Mosquito side of the property and they were being done and more than likely will be available in the near future. So this is another area that has to be added. All in all a most pleasing way to tell you that we believed a year ago when we posted this company that it would amount to something and this day is getting closer. BJ Speculative Stocks"

To: I Am Sandman who wrote (494)	11/8/1999 7:45:00 PM
From: Little Joe	Respond to of 1321

165,500 Shares traded today.The high was 21 cents and closed trading at 18 cents.Apparently Frank met a number of newsletter writers at a show down South.It looks like several are going to write a buy recommendation on the stock. Joe

To: I Am Sandman who wrote (494)	11/15/1999 10:16:00 PM
From: Little Joe	Respond to of 1321

Sell On News!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! I don't know if that is what happened today but this is speculativestocks.com's commentary. "International Wayside produces more gold resource calculations. When a Company carries on exploration during the worst downturn in the precious metals market that most investors can remember, they must have something worthwhile to explore. International Wayside ( IWA/VSE wayside-gold.com ) has just announced they have calculated a resource on a minor portion of the BC Vein. This vein has an exposed length of over 2,400ft and is between 15 and 70ft wide. The last holes drilled also showed values of over 0.2 ounces/tonne in the rock surrounding the BC Vein that takes the prospective mineralized width to close to 50ft. Why do we continue to believe this stock will go up? The latest resource calculation on the BC Vein gives 17,600 ounces of gold over a length of 750ft with a depth of 120ft and a width of 11.5ft. This was from a calculated 61,549 tonnes at an average grade of 0.287oz/t There is an indicated resource of another 93,000 ounces from 120ft to 900ft for a total, drill indicated and inferred of 110,000 ounces. This of course is to be added to the already drill indicated resource of 1 million ounces in the adjacent proposed Gold Quartz property. When the BC Vein is extrapolated along the entire structure, a case can be made for approximately 500,000ounces without extending the width. This we believe, is a very conservative estimate. We have always considered this company, with additional drill indicated resources, would be a take-over target and this latest resource only serves to confirm that view. Wayside will be conducting further drilling through the winter on the BC Vein and by spring time, this stock will be far higher than it is today. Many investors are wary of Speculative style stocks, especially in this market. Wayside Gold Mines may not run up to $1.00 tomorrow, and in fact we don't know exactly when it will run up to or what price. What we do know is it will run up and more than likely to well over $1.00, or, based upon todays price, over a 400% gain. Yes, we know we initially profiled it just on a year ago, but the only thing that has changed is the resource calculation. And this has been getting better. We expect to see more financings based upon these latest results and more interest from the big players, knowing there is this resource waiting to be plucked. What about gold prices? They have dropped down to around $290 and when the 'Players' get out of their ill advised hedges that have placed many of them in trouble, we can expect to see gold move higher. Both Ashanti and Cambior are still in the glue with their bankers and you know bankers. When it starts to rain, they want the umbrella back, and they will get it. While both Ashanti and Cambior have reached some agreements with their counterparty banks, this is only a brief hiatus. They will be joined by other mining companies when gold moves higher. It is OK for these companies to suggest they only have 25% of their reserves hedged, but any large increase in the gold price will make that 25% more expensive to maintain and will place their finances and their companies in jeopardy. A report in the Canadian Globe and Mail on this issue states the banks have been shopping these strategies around and that most people don't understand them. Well it is clear now that the only ones who understood them were the sellers ( banks ) and they have pprofited beyond all expectations, taking 15% of Ashanti and who knows how many other companies. The shareholders are always the last ones to find out these problems and they are the ones who should be going after management for leading them down this path. After all if something is too good to be true it normally is. The last Bank of England gold sale will take place in a week and we expect it to be oversubscribed again as companies try to eliminate some of their hedges at a reasonable price. After this it is anybodies guess as to where the POG will go to. Robert Mundell, the world famous economist has given an excellent report on the state of gold in today's Canadian National Post and this commentary is worth reading. His expectation is that sooner or later, the POG will move to a strict market value. The other metal in the news is Silver. Pan American Silver president Ross Beatty has stated he does not know where it is going either, even though for the ninth year in a row the demand has outstripped supply by a significant margin. At US$5.20oz, Silver is more than likely at the bottom of it's price range and any silver stocks would be good bargains. Many of the silver mines are profitable at costs of around $4.00oz. We have concurred with many analysts that silver is a US$10.00 bill per ounce just waiting to happen, and happen it will, when most people least expect it. What will happen then is dishoarding, although how it will ameliorate the price increase is anybodies guess. Sellers will always come out of the woodwork to take their profits. The significance of the price increase will have a bearing on this dishoarding as traditional buyers will also scale back their purchases and these two actions will permit some semblance of balance to come into the market." Joe