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Gold/Mining/Energy : Any Good Penny Resources Left? -- Ignore unavailable to you. Want to Upgrade?

To: chevalier who wrote (606)	1/13/1998 4:26:00 PM
From: keith schaefer	Respond to of 753

WTC has soared on only 22% ownership of their copper play. I think one of the next big discoveries will be Brandon Gold (BG on the VSE) and their Swedish play. Managed by the same guys as Nevsun (TSE listed, went to $16 on strength of African properties). Brandon is developing an unexplored greenstone belt in SWEDEN that already hosts one copper mine. And Brandon owns 100% of their ground. They were able to acquire the property just as it was open to the public for staking. They got into a highly prospective area first and got the best ground, much as my own Energold did in the Dominican Republic. Kevin Bullock manager of operations has an excellent resume/reputation. 11.5 MM out, 15 MM FD, $3 MM cash, most options set significantly higher ($2+). A $2.50 financing becomes free trading Feb. 11/98, some institutions but mostly guys who made a lot of money on Nevsun. Tightly held, good management, excellent properties with drilling to start in March. The old mine in the greenstone belt ran 2.2% Cu and 0.3 g/t Au and was open pit. Call Ian McLean at 604-623-4711