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Gold/Mining/Energy : Firesteel Resources Inc. (ASE) -- Ignore unavailable to you. Want to Upgrade?

To: Grant Baker who wrote (70)	2/20/1998 9:25:00 PM
From: Ian McCartney	Respond to of 97

Although the company currently has $250,000 flow-through as working capital, I understand that the winter drilling at Mosher Lake that Trevor anticipated and referred to in his posting was deferred by the company, mainly due to POG and consequent poor market reception to the results of the prior work at Mosher lake. I believe that Mosher results warrant further work, and that the market will support this another time. The company has done adequate work to hold Mosher Lake for many years. The company now has plans for a summer drill program on a base metal project in the NWT, and is also reviewing other North American opportunities. Dave DuPre, President has relocated the office but can still be reached at the same Phone No. (604) 669-5768. The new office is located adjacent to the Mongolia Gold office.