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Gold/Mining/Energy : RADAR ACQUISITIONS CORP. RAC ON THE A.S.E. -- Ignore unavailable to you. Want to Upgrade?

To: beach$ who wrote (32)	10/27/1999 1:53:00 PM
From: rdww	Read Replies (1) \| Respond to of 56

okay - I see how you did the #'s - but that's not enough data to really say that. If this was a VSE stock - you wouldn't get caught saying that. You need to have the detailed met work released as well to say $250MM or else it's just pie in the sky. Take a look at SDD.vse - over $100MM insitu as well on a very small amt of their property - but no met work and they need more drilling to confirm that this is economic despite the 37% copper chinmney pipe and all the consulting engineers reports saying this thing is great! So once RAC can show the other half of the value pie - then we're talking. Need to figger out the cost to remove overburden, plant setup + recovery facilities, hydro, mkt contracts and shipping. The minerals mkt is a lot harder to sell than a gold property and has to have more details to release than you have done to date.

To: beach$ who wrote (32)	10/27/1999 1:59:00 PM
From: rdww	Respond to of 56

all of my previous post is junk if you can announce a JV with a major tomorrow though! That allows the mkt to assume that the major (Rio or whoever you want) has done their own scoping work and is privy to more data than your letting us in on. But till then - your in a tough sell spot and need some more data for the skeptical speculative junior investors.

To: beach$ who wrote (32)	10/27/1999 3:26:00 PM
From: chevalier	Read Replies (1) \| Respond to of 56

just had a chance to look at the news and I have some questions: 1)how much overburden is there, stating it in cubic yards gives no picture. 2)where are the CARPCO results that were promised in the last release? Is that where the point count comes into the picture? This is really important in my view. 3) why wasn't the size of the bulk sample that was sent to Watts Griffiths alluded to? 4) the chromium in the ilmenite is a concern, even though it is down to lower levels. It may pose problems in getting a nice white concentrate if and when the project gets to that stage.