To: George J. Tromp who wrote (2 ) 12/24/1997 8:59:00 AM From: George J. Tromp Read Replies (2) | Respond to of 2251
PROFILES PART 2 The High Profile Explorers " The old saying promotion means money., and those that dont promote will hibernate. The following consists of Speculative Issues., but with excellent fundamentals: WINSPEAR RESOURCES: High Profile Explorer., promising early results in the Snap Lake Camsell propeties. Exploration expenditures of 2.0 mil., drilling to start early Feb. 98 probably a 3,000 meter program with target definition on going as well. A well advanced program with in house lab abilities. The impetus going forward will to find the Snap Lake Sources and identify their on-going potential. Two questions have been answered early one. 1. Stone quality 2. Grade 3. Ability to generate large stones. 98 target range. $2.00 C as drilling approaches., if successful trading up to 6.50 C. Dictated by the success of the program. CURRENT BUY KALAHARI RESOURCES; Another of the NWT programs., currently holding 19.8 interest in property adjacent to Winspear Resources. Weak management but bolstered by Southerna Resources tenacity to find diamonds. Kalahari carried to production at 19.8 percent. Southerna currently operator with 70% with back in rights to Kennecott. If a significant discovery occurs., KLA could be the swing company for operatorship. Drilling possibly by Feb or March. Target price of 1.00C up to drilling program commencement. PLATINOVA RESOURCES: The gateway to Greenland. All explorers shall pass thru my gate. High Profile Explorer in the infant Greenland Exploration Belt. They have a strong relationship with the Danish as well., with Gold., and zinc propeties as well in the portfolio. Platinova is a virtual lock to benefit from regional discoveries. Aprrox 9.0 mil could be spend for earn ins by Aber., Fdordland., Lexam Minerals. Early diamonds found in tils., several KM dyke system as well. STRONG BUY; Long term play bolstered by strong fundamentals. 98 target $ 2.50C up to drilling., the rest dictated by results. EOM PART 2