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Gold/Mining/Energy : Great Canadian Stock Contest Q1, 98 -- Ignore unavailable to you. Want to Upgrade?


To: Gazza who wrote (15)1/2/1998 8:34:00 PM
From: Harry K  Respond to of 177
 
AVL.V@1.55 BWR.T@4.00 EXL.T@0.41 TC.T@0.65 UKH.T@0.92

AVL - Avalon Resources - A new rare-earths mine being developed near Kenora, Ontario. Should boom once metals pick up.

BWR - Breakwater Resources - Recently acquired 9 new producing props. Should get back up to the $9.20 level it reached just a few months ago before metals went into the drain.

EXL - Exall Resources - owner of new Glimmer Gold Mine in Northern Ontario, plus other props. Should begin to go with gold. Price severely depressed.

TC - Telular - A cell-phone company on the move. Also greatly depressed but expected to recover after last year's tax-loss selling.

UKH - United Keno Hill Mines - in Yukon - has been around 30 years - largest silver reserves in world - stopped production in early '80's when silver tanked - merging with NDU Resources (NDU.T), a zinc/lead/silver producer about 30 km. away to create a humongous mining operation - $20MM to begin drifting into rich orebody available from NDU - balance being sought. This company traded as high as $68 in early '80s. Can reach $10 by year-end if silver stays strong - all indications point that way since people afraid to buy gold due to fears of banks' selling off reserves (they have 18 years of world gold production locked away in their collective vaults - but virtually no silver!).

Good Luck yo us all!!