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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: Enigma who wrote (81)	12/1/1999 4:02:00 PM
From: ELP	Read Replies (1) \| Respond to of 317

From the way I understand this they are going to continue to drill and prove up the shallow Ken Snyder feeder type stuff. They do have plans to drill two deep holes to see if there is a possibility of a Barrick Goldstrike type formation under this shallow stuff. That was always the plan right from the beginning when the HD group got this land. I do not however know when these two holes are to be drilled. They still have about $ 5 million in the bank. I believe that 3 sets of 50 holes for the shallow stuff was the original plan. The holes have been cheaper to drill so I think they are going to drill more holes than first expected. Given more time I think this stock will do very well no matter what the price of gold is. The HD group has done it before and I think they can to it again. IMHO of course. Regards Eric