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Gold/Mining/Energy : A CANADIAN DIAMOND HUNT -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (110)1/16/1998 4:04:00 PM
From: Jimsy  Read Replies (2) | Respond to of 930
 
Ed - I don't have market by price, but seems to me the offer at $0.90 has been substantially reduced from a few days ago.

Montello apparently has 18 targets. Canaccord keeps saying that the drills go from Montello to the Everest/Blackrun jv with New Claymore immediately west. So with Sheldon involved in Blackrun, we may see some action on both Everest and Blackrun in the near future. Also Primero has targets, Meteor and Lucero, all of which are also jv'd with New Claymore further west.

This area to the south and southwest seems to be the next area of drilling.

Caribgold sent me nice hard cover copy of the November Fagan report, nice gesture and report. Better watch Caribgold, has its market capitalization in cash in the bank.

According to the talk at the Toronto Geological Discusion Group on Tuesday, there are some criss-crossing faults on the Ashton property that extend southward and perkaps this is why there is a focus on this area for now especially if it is coming up with beaucoup de targets.

My gold page has NO RED, except for Pegasus which I guess is being delisted somewhere.

If we get gold going through $300 bux, this gonna help revive everything. Dis been mother-of-all troublesome times.



To: Ed Pakstas who wrote (110)1/16/1998 5:07:00 PM
From: david f. dempster  Respond to of 930
 
Ed,
We will eat through the 90 cent mark in short order once they
announce that the drills are turning. If we hit kimby, we will hit some resistance at 1.20 but should get to 1.60 no problem. Up side potential is 2.00 if Ashton has good results. If some carats fall out of the core then we are really uUP