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Gold/Mining/Energy : ECM.VSE - El Callao Mining. -- Ignore unavailable to you. Want to Upgrade?

To: John Soileau who wrote (1025)	11/10/1997 8:10:00 PM
From: Abner Hosmer	Read Replies (1) \| Respond to of 1253

John - Thanks for posting. This is good news. There were actually 2 separate option/earn-in agreements involving Lo Increible. One of them was for the property that is currently being explored. The adjacent property was not thought to contain much gold, but Bema told me awhile back that they would need this property for facilities if they were to build a mine at Lo Increible, in which event they would probably offer to buy the property outright, rather than continue with an earn-in agreement which would net both parties nothing. The fact that they have done so makes clear that there is going to be a mine here. Can you tell us where you got the info, and if there are any further details? Thanks - Tom