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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (3568)	11/25/2002 11:35:15 AM
From: the-phoenix	Respond to of 4051

I see. Part of what I am looking at is that Treasury yields are rising, general stocks are rising, the dollar is rising, and gold prices are falling. I would be looking for $HUI to possibly retest the March lows at 80 before heading back up, and $XAU to get back to 50. If that happens say by the end of the year, and other factors are falling in place, I may want to make a longer-term investment at that point.

To: Claude Cormier who wrote (3568)	11/25/2002 9:00:19 PM
From: ralfph	Read Replies (1) \| Respond to of 4051

Hey Claude is this the next BAY ? Tumi Resources Ltd TM Shares issued 4,134,000 Nov 25 2002 close $ 0.30 Monday November 25 2002 News Release Mr. David Henstridge reports FIRST UNDERGROUND CHANNEL SAMPLE RESULTS CONFIRM Ag/Au POTENT ... Tumi Resources has provided the first results received for the underground channel sampling program at Cinco Minas, near Guadalajara, Jalisco, Mexico. Rehabilitation of underground access to the unmined hangingwall (reported to average 12.8 metres thick) of the Cinco Minas vein has been under way for several weeks and those areas of the workings cleared have now been sampled using an electric hammer drill. The samples were taken across two-metre intervals where possible and in excess of 15 kilograms per sample was generally collected for assay. The program is being supervised by John Nebocat, an independent consulting geologist and a qualified person in accordance with National Instrument NI 43-101. Samples are being crushed and split by Chemex Laboratories in Mexico and shipped to Vancouver for assay. It should be noted that, to date, it has been possible to sample on only one section the entire width of the prospective hangingwall due to numerous blockages in the access tunnels and crosscuts. Results received are as follows. UNDERGROUND CHANNEL SAMPLE RESULTS Horizontal width Au Ag Section m g/t g/t El Abra (0m) 340E 2.50 1.17 71 352E 4.00 1.34 124 366E 8.80 1.67 88 384E 13.00* 2.33 65 392E 4.50 0.56 53 397E 3.60 0.27 27 404E 8.00 0.92 118 423E 6.25 3.16 105 Sublevel 1 (-11m) 416E 5.75 1.26 117 425E 5.80 2.06 176 Sublevel 2 (-18m) 417E 1.75 2.69 189 Destajos (-28m) 420E 6.00** 2.07 287 * Full width of hangingwall sampled. ** Incomplete. Although the number of samples taken to date is small, the company is very encouraged by these results as they are already indicating the prospectivity for finding open pitable resources within the hangingwall of the Cinco Minas vein as well as confirming that the old database is reliable. Rehabilitation of underground access on the Destajos level is continuing and further sample results will be issued when available. I know its way too early to call,but I like what I see best regards ralfph