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Gold/Mining/Energy : Canuc Increases High Grade Gold Production in Ecuador -- Ignore unavailable to you. Want to Upgrade?

To: Joseph C. Goldenberg who wrote (83)	4/5/1998 9:02:00 PM
From: Winzer	Read Replies (1) \| Respond to of 493

Joseph, Sounds like great news. The 9,000 ozs is a good place to start. Working with the previous owner should be a plus. I don't believe that Hub is too pleased with Placer. Placer appears to be the grand scale type of operator while Canuc looks like a creep before you can walk and pay your debts as you go type of operation. I like Hum's approach regarding the search for the high grade pipes. This fact is well know by the previous owners. Based on my discussions with NFM, they returned the property to the original owner because the price (rent)was too high to carry the property (my feeling is), especially since Placer was pulling back. NFM has been making some mega moves lately with two major plays funded with European money. Ecuador and Cheminis. What is meant by, "It's still a long way from May to November"? Do you think that any of these announcements will have an impact on Canuc share price in the coming weeks? Cheers Winzer