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Gold/Mining/Energy : AURADO EXPLORATION(AEO) -- Ignore unavailable to you. Want to Upgrade?

To: A. Robbins who wrote (79)	4/15/1998 5:00:00 PM
From: Gary Nash	Read Replies (1) \| Respond to of 222

To All: An extensive IP survey was to begin today. The same group which did the survey for WTC is doing it for AEO. Drill targets will be selected and the drills should turn within 60 days. There are visible targets on the property, unlike most of the WTC property. WTC drills can be seen from AEO,s southern boundary. Warning: legal challenges to many of the other properties in the area will apparently be in the works. This property with Cominco is legally perfected. Hence, the AEO play is probably one of the best in the area; good targets, closest to WTC, good title, 3 million cash available to the company, a long and good working relationship with Cominco (that is why AEO got the option as I was told 17 companies bid on the property). Worst drawback is the number of shares outstanding ~37 million, but 15 million are in tight hands. Gary.