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Gold/Mining/Energy : Diamonds in Alberta, Ashton, Pure Gold, Montello, New Cla -- Ignore unavailable to you. Want to Upgrade?

To: Jesse who wrote (668)	8/12/1998 6:09:00 PM
From: Jesse	Read Replies (1) \| Respond to of 822

Fagan says he's in for the long haul. -- 3+1 Stockwatch reports on Fagan comments: ------------------------------------- Fagan says he's in for the long haul Pure Gold Minerals Inc PUG Shares issued 26,379,471 Aug 10 close $0.285 Mon 10 Aug 98 In the News Brian Fagan, writing in the August edition of the Fagan Report, says diamond explorer Pure Gold Minerals is a hold at 46 cents. Mr. Fagan recommended the stock in January 1998 at $1.26, and the following March at 65 cents. In the current and brief review, a diehard Mr. Fagan says he intends to maintain a position in Pure Gold as long as the Ashton Mining joint venture continues to look for diamonds in Alberta. He adds the company also has some other interests besides the Ashton joint venture. Ashton is the lead company in the Alberta diamond play, which began with Ashton's discovery at Buffalo Head in January 1997. The play has suffered from a lack of uplifting news this year. (c) Copyright 1998 Canjex Publishing Ltd. ------------------------------------- Fagan says hold for next stage of exploration Troymin Resources Ltd TYR Shares issued 21,789,177 Aug 10 close $0.35 Mon 10 Aug 98 In the News Brian Fagan, writing in the August 1998 edition of the Fagan Report, says Alberta diamond hunter Troymin Resources is a hold at 49 cents. Mr. Fagan recommended Troymin in March 1998 at 65 cents. In the current report, Mr. Fagan says Troymin's joint-venture partner, Monopros, is unofficially reported to have finished taking samples for diamond indicator minerals. After these have been analyzed, a decision will be made on drilling locations. The letter writer does not provide a time estimation for this process, however. "Until then, Troymin will trade in concert with Ashton and the satellite companies that mount drill programs," the letter writer says. The Alberta diamond play has suffered setbacks in recent months owning to a lack of good news and the generally depressed market. (c) Copyright 1998 Canjex Publishing Ltd. ------------------------------------- Fagan says hold: action will come, one day New Claymore Resources Ltd NCS Shares issued 4,015,775 Aug 10 close $0.60 Mon 10 Aug 98 In the News Brian Fagan, writing in the August 1998 edition of the Fagan Report, says New Claymore Resources is a hold at 85 cents. Mr. Fagan recommended New Claymore in January this year at $2.50 and later in March at $2.32. In the current report, Mr. Fagan contends New Claymore still owns most of the promising land outside of the Ashton-Pure Gold joint venture. Now that the earlier speculation has died down, several major companies are offering NCS what it considers parsimonious deals. Still, he says, "one way or another, this ground will be drilled before the play is over." The only question is when and on whose terms, the letter writer adds. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com ------------------------------------- -Fagan also recommends CaribGold Resources (CG, tse), involved with Pure Gold Minerals/Reclamation Management (RMLL, cdn) to the south; and also with Marum Resources (MMU, ase) to the west on the prospective Chinchaga Terrane.