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

To: grampa who wrote (1048)	11/19/1997 9:02:00 PM
From: John Soileau	Respond to of 1253

Actually grampa, funny you should say that. When he told me the problem was determining when to cut off for the study, I said "that's a great problem to have". And it is. These deposits are along a curvy string 8 km long, and I get the impression with more drilling the deposits just elongate and elongate. Will they connect together?! Other companies breathlessly release each good hole as it comes in from the lab, I'm more used to that than the recent taciturn BGO/ECM style. PR geniuses they ain't, But they seem to find the right rocks, and that counts for something. John, buying in the 40's. Twice as much fun as buying in the 80's...

To: grampa who wrote (1048)	11/20/1997 2:28:00 PM
From: CanStocks	Read Replies (1) \| Respond to of 1253

Does anyone happen to know how many shares outstanding there are of ECM? Thanks for the info. CS.

To: grampa who wrote (1048)	11/21/1997 8:04:00 AM
From: John Soileau	Read Replies (2) \| Respond to of 1253

Something else he said might be of interest. He indicated that BGO is "waiting to see" what happens with PDG/Crystallex. He said a major is needed to blaze the trail (politically)in Venezuela, Bema cannot do it. It was clear Bema earnestly wants PDG to win the dispute and proceed with a high profile mine down there, easier for Bema to go in behind them. This worries me some, since I don't know the answer to the question, what if KRY wins? What will Bema do in Venezuela then? Several weeks ago I spoke with Andrea Bell about ECM and she said before the CC deep hole revealed that monster, Bema considered the Lo Incredible a "company maker" deposit. Of course CC has consumed massive attention and resources since. Once the Placer deal closes though, CC is on autopilot and my bet is that Lo Incredible again trots out on center stage. Can you believe the market is valuing ECM's 2 mill oz. resource at a fully diluted market cap of US$15.2 million? Isn't that $7.63/oz in the ground? Amazing. John