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Gold/Mining/Energy : ECHARTERS -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (2951)	10/3/1998 7:58:00 PM
From: Little Joe	Respond to of 3744

Large Percentage Of Recent IWA PLacement Bought by INSIDERS. I spoke to Investor relations on Friday and they confirmed over 2 million shares of the recent private placement were bought by insiders.DRILL RESULTS will be released on Monday after the market close. They have recently began drilling the 6th hole on the B.C. vein. This may be significant given they only started drilling a few weeks ago. Little Joe

To: E. Charters who wrote (2951)	10/4/1998 12:28:00 PM
From: Little Joe	Read Replies (1) \| Respond to of 3744

I would like to have your assessment of IWA sludge results. The following post recently appeared in StocK House and do you agree with the interpretation of sludge results? Thanks Little Joe Posted by JCA When I called to company last week, they told me the sludges showed 30 feet of 1oz/ton. That would be absolutely amazing, but that is probably why the VSE would not let them release the sludge assays. What is strange about the VSE's decision though is that a geologist told me that sludge assays are generally a better representation of the average grade than drill cores. His logic was very involved but basically it has to do with better mixing of the sludges and the fact that the volume of sludge is much greater than the volume of core. While this sounds very promising, I do not think the market will care about anything other than the raw drill core assays.