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Gold/Mining/Energy : Fancamp Resources Ltd. FNM -- Ignore unavailable to you. Want to Upgrade?

To: The Barracuda™ who wrote (109)	3/5/1998 1:09:00 AM
From: FSR	Read Replies (1) \| Respond to of 154

Hi Robert; Sorry for not clarifying that statement. It is my own conclusion based on the exploration that has been completed to date. My understanding is that FNM had performed magnetic and EM surveys on the property. BHP furthered the exploration with sampling etc. before dropping it's option (I know assumptions are a dangerous but you have to ask why BHP dropped their option). FNM performed an IP survey and reconnaissance drilling took place on those IP targets. The results are as follows: 2 out 8 holes returned sub-economic copper, silver @ gold values. As a shareholder, I am satisfied with the course of action Peter Smith pursued - it looked promising and needed to be followed up. However my future expectation for a discovery on the Johan Beetz Property is not as optimistic as Peter Smith's. Do you know something different? But I am not bailing out yet! FSR