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Gold/Mining/Energy : A Yukon Mining & Exploration Chat Group -- Ignore unavailable to you. Want to Upgrade?

To: David Luton who wrote (22)	2/28/1998 5:26:00 PM
From: Buckey	Respond to of 59

I think that in the next few weeks the Taiga plans for BZZ and GNN will be finalized. GNN has 60% and has shown some significant interest - it is their only property but it has gone from 16 cents 8 trading days ago to a high of 30 cents on Friday. I follow this play very closely and can offer no explantions but 300k changed hands on Friday - it did close at .26 on a late day sell order that wiped out the bids down to .26. I have my position and then some in both GNN and BZZ and will profit from any solid results this year

To: David Luton who wrote (22)	3/1/1998 3:41:00 PM
From: Kaiser Soza	Read Replies (1) \| Respond to of 59

Dear David, I agree with you and the Lone Ranger that the UKH/NDU combo should be the premier play in the Yukon over the next few months due to the fact that everything is ready to go as soon as financing is secured. Regarding the Yukon in general, the NDU "group" (Archer Cathro & Associates now Archer Stephen) is, and has been, without question the dominate mining engineering group in the Yukon over the past 30+ years. They have a historical database on a huge number of projects dating back to when the oil and gas companies use to be in the mining business. Although the NDU/Keno situation is "front burner" they have a 55 million ton, and growing, coal reserve in Cash Resources which hopes to create an export and power project in the Yukon. As you are probably aware, cheaper power is a big issue in the Yukon. In addition they operate Expatriate Resources and Nordac Resources. The bloom seems to be off in so many of these "exotic and sexy" third world plays, that strong interest should return to a place like the Yukon where opportunities are abundant and the government is aware that good mining policies will be the economic salvation of the area.