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Gold/Mining/Energy : Houston Lake Mining [HLM-ASE] -- Ignore unavailable to you. Want to Upgrade?

To: AriKirA who wrote (237)	10/27/1999 12:26:00 PM
From: DRT	Respond to of 364

Re. Market No question the bid side is weak, but as for who is selling 500 at $.15 ... given the value/lot size on the offering, it will only pay the commission. The price to buy stock is still .21 if you look at the market depth. ase.ca All I can say is I'm more than ever convinced of the potential of Pakeagama Lake, I should have an update shortly and will post. DRT

To: AriKirA who wrote (237)	10/27/1999 1:31:00 PM
From: DRT	Respond to of 364

While the market is quiet of late, work continues ... I understand that several 1- metre channel sample assays, including the Ta-bearing wall zone are pending. In my opinion (though no doubt others would agree) ... If > 300 g/t Ta or .03 % Ta, it may indicate economic grade Ta without consideration of Li, Cs, Rb, Be credits. If < .03 % Ta, it simply means we will need to drill at depth to identify economic grades of Ta. To put it in context, its important to recognize: (i) that a large, unbiased grab sample from the wall zone returned 380 g/t and (ii) a 700 g/t Ta grab sample was taken some distance from the main pegmatite - both of which indicate the possibility of enriched zone(s) of Ta at depth. This geology is looking more and more like that of Cabot's pre-production TANCO mine. DRT