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Gold/Mining/Energy : El Misti Gold Limited (EMG V) -- Ignore unavailable to you. Want to Upgrade?

To: Ron Baxter who wrote (206)	6/7/1998 3:14:00 PM
From: Dano	Read Replies (2) \| Respond to of 513

Hi Ron: I think those raw #'s indicate that the predominant houses that have been strong supporters of the stock over the past months are maintaining their support. DS continues to support the stock and was a net buyer on Friday during the sell-off. This is good considering their new board member was once affiliated with DS and I believe was also on the property with John last week viewing core from depths greater than the 0 - 200 metre results posted Friday. Dominick was a net buyer of 43,000 shares on Friday and sold none. As far as selling goes, Yorkton has been selling the stock for months now and it accelerated on Friday when they sold 110,300 shares. The selling on Friday built on itself and people are forgetting this is just the beginning of the play. People missed reading the very positive trailing remarks of: example; SRC-21; last 30m averaging .92% copper, .31 g/t gold, 18.4 g/t silver SRC-17; last 10m averaging .68% copper, .25 g/t gold, 9.1 g/t silver SRC-19; last 10m averaging 1.27% copper, .56 g/t gold, 8.8 g/t silver All holes are getting richer with depth and bottomed in mineralization as the discovery holes of last year did. This along with the results of RC 11 of last year, which had 1.4% copper, 1.2 g/t gold, 20 g/t silver from 250 to 300m and led EMG to the belief that a rich porphyry deposit exist beneath this lower grade epithermal deposit is very positive news. To add to Robert's comments; The present core drilling is testing the porphyry deposit and SDD 2 which John talks of and Rob makes reference to should be pushing close to 700 metres by Monday and if it's still in strong mineralization the stock will not stay at its present level long. These are the results we must wait for. We must also remember that SDD 3,5 and 6 have added 100 m plus to the depths of last Thursday putting them well over 400, 300 and 300m respectively. These depths puts them well into the rich mineralization identified in the bottom of RC 11 of last year and mentioned above. Now is not the time to panic and get drawn into Friday's sell off. If the sell off continues Monday morning, it should be used as a buying opportunity. happy trading dano