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

To: Mr Metals who wrote (626)	1/27/1998 11:42:00 AM
From: keith schaefer	Read Replies (1) \| Respond to of 753

EGD won't start brokerage house tours until a work program is set for the Longyear property, and we know when drilling will start (most likely mid-March) with initial round of drill results in May. As for promotion, EGD doesn't have the corporate culture that allows it to do a Range Petroleum type promo. But almost every analyst in Vancouver loves the story on the property. When people were buying the stock at this time last year at $2.50, this is the property they were hoping to have a shot at. Eldorado is keen on the property because they have done a lot of drilling at Pueblo Viejo (when their stock was $10 they were interested in buying Pueblo) and it was clear to their geologists from looking at their core and walking over Longyear, they thought the property had an excellent shot at being another big deposit. But alot of work has to get done before anything like that is proved up. Mr. Metals, you should also be looking at BG right now.