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Gold/Mining/Energy : Silver Peak Resourses SVV,V -- Ignore unavailable to you. Want to Upgrade?

To: NICVIC who wrote (215)	11/14/1997 8:27:00 AM
From: DR.	Read Replies (1) \| Respond to of 284

Frank/DR The Linda is next to be staked, and the timing of this is still dependant on the final lease purchases on the prospect, but the company is making progress. It would be a shame to move to a lesser prospect, which could be done in order to speed up the staking/drilling process so I guess we have to wait a little longer. The Geophysicists say that the prospect gives very strong signs of being a good producer which is why it is worth hanging on for. This should ultimately show that the current stock price is ridiculously low and a real bargain. Hang on in there as the company is moving ahead although obviously not fast enough for some!