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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?


To: David Sirk who wrote (1158)8/22/1998 6:19:00 PM
From: Sojourner Smith  Read Replies (1) | Respond to of 5908
 
I just got off the phone from Nova Scotia.
I received a contact that has claims to prospect at Issac Harbour.
I told him I wouldn't give his name so he wouldn't get a ton
calls. I got the name in a book form the NS Nat. Resources.

the Prodigy sites are on the site of the old North Star Gold mine
Issacs Harbour. It was a site of very rich gold crumbled together.
Easy mining. In the 1890s there was a shaft but the equipment
at the time could not get to it. "We know there is more down there." Somewhere along the way the leases were held by
Golden Crystal Minerals. I have the number of the person who
ran that company and I will call him later. A claim is 40 acres
and they have 2 claims. A few years ago there was some testing.
There was some question of the reported results, but it was said that there was visible gold within the core. Very nice.

This could be an exceptional site because:
the claim rest right were the anticline and sincline meet
making hot spot for gold. This has to do with the
continental drift. Plates grinding at each other.

My contact said all gold stocks are beat down now.
He thinks the cycle will change in a couple of years.
He mention several companies ready to mine around the
world certain sites when gold goes to $325.

My contact was not concerned that Placer pulled out of the Orex deal. He said that a small company could do better than them
at such an operation.

Thank you Mr Prospector. You were very helpful and
a lot of fun to talk too. I keep getting surprised how
nice are nieghbors are.