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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL -- Ignore unavailable to you. Want to Upgrade?

To: Minty who wrote (1736)	3/1/1998 9:36:00 PM
From: David Rowe	Read Replies (1) \| Respond to of 2635

I'm not one of the more regular contributors but I would like a stab at this. It boils down to "SHOW ME". The Juniors Market has taken a real bashing since the Bre-x fiasco (evidence the VSE Index). The broader market doesn't have the stomach for speculation anymore. At this point, MIQ has a good story and appears to have good preliminary results. It also seems that the results that we have yet to see were good enough for Kinross to spend some significant coin to see the rest of the cards. Few people know at this point what additional results showed (remember the missing holes!) and no one knows what the ground will give up as the drilling continues. So with investors being in a 'cautious' mood and really having little confidence in any thing but hard cold fact, that is what they are looking for. On what information did Kinross make this deal? What are the results from the drilling we haven't seen? Give me more information on the drilling program (That is supposed to be underway today). SHOW ME! As your Mother might say "If Kinross jumped off a wharf....?" I believe many are watching and some Brokers and analysts will tell you the results and the Kinross deal piques their curiousity, but few will recommend it to their already spooked clientele. As more information comes out, the broader market will notice. Most people here, I would think, don't have the extra details, but they believe in the story, the management, the Kinross deal and the few results we have. But that's the essence of speculation and that's why we expect a better reward. That's MHO FWIW. Dave