SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : L S Capital / Griffin Gold (OTC:BB CHIP) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (3063)10/13/1998 1:57:00 AM
From: GlobalMarine  Read Replies (2) | Respond to of 3594
 
<<Why would the company put out a news release about negotiations? A little hype to raise the stock price so that shares can be used as payment? I have seen lots of slimy PRs from pennies lately that don't say anything about accomplishments, just conjecture >>

Richard, your skepticism concerning CHIP is most notable. Similar funnymentals exist with other DD companies, but skepticism from you is noticeably absent there.



To: Richard Mazzarella who wrote (3063)10/22/1998 5:59:00 PM
From: Chuca Marsh  Read Replies (1) | Respond to of 3594
 
Compare and Conrast- 2,640 feet is half a mile, that length is mentioned for the DEPOSITE as unmined. I think that the Due Dilly period is about right for CHIP ...two weeks! I'd walk a half mile for a Camel. Zyban takes effect in 2 weeks, the comparison is Erie:
Date: Thu, 22 Oct 1998 13:44:59 -0700 (PDT)
X-Sender: keith@mail.kjmcap.com
To: (Recipient list suppressed)
From: keith@kjmcap.com (KJM Capital Corp.)
Subject: CHIP Press Release

Thursday October 22, 4:20 pm Eastern Time

Company Press Release

LS Capital Acquires Interest in Brown's Gulch Placer
Property in Montana

Production Test to Begin Shortly

DUBLIN, Ireland--(BUSINESS WIRE)-- Oct. 22, 1998-- LS Capital Corporation
(OTC BB:CHIP) announced today that it has completed the acquisition of a
majority interest in Brown's Gulch, a prospective placer gold and garnet
property near Virginia City, Montana.

LS Capital reported that a 300-400 ton production test will commence on the
property within one week if weather conditions permit. Results will be
announced as soon as the test and related assays are completed.

The production test will be conducted by Wind River Mining & Engineering
Company, which holds a 25% after pay-out interest in the property. LS
Capital holds a 100% interest in the property until LS has recovered its
initial investment, and a 75% interest thereafter.

Brown's Gulch was previously a placer producer. With approximately 2,500
feet of unmined material along the gulch, there is significant potential
for future production. To date, the region surrounding the gulch has
yielded more than $130 million worth of nuggets, flakes, and gold dust.

Brown's Gulch is a tributary of the famous Alder Gulch in the Virginia City
mining district of Montana. The Virginia City Chamber of Commerce
notes that the Alder Gulch placer, which Brown's Gulch flows into, was the
richest placer gold discovery in mining history. For further information
on the history of placer mining near Virginia City,

see www.virginiacitychamber.com.

LS Capital Corporation is a holding company with subsidiaries developing a
proprietary microfine precious metal extraction process and exploring
mineral prospects on the Company's various California, Arizona, and Montana
properties.

Forward-looking statements in this release are made pursuant to the ''safe
harbor'' provisions of the Private Securities Litigation Reform Act of
1995. Investors are cautioned that such forward-looking statements involve
risks and uncertainties, including, without limitation, commodity prices
of precious metals, increased levels of competition for the Company,
perfection of extraction technology, the Company's dependency upon
third-party suppliers, intellectual property rights and other risks
detailed from time to time in the Company's periodic reports filed with the
Securities and Exchange Commission. The Company assumes no obligation to
update the information in this release.

Contact:

OTC Financial Network
Mario "Ike" Iacoviello, 888/356-2387 / 760/931-9211
ike@otcfn.com

More Quotes and News:
LS Capital Corp (OTC BB:CHIP - news)
Related News Categories: mining/metals

KJM Capital Corp. kjmcap.com

If you would like to be removed from this list, please reply and include in
subject "remove"
Chucamoved( I smell Camel Bricks) Anyone else? Leprecaun Geologist that walk slow, find nuggets, in half a mile the decimal math says that they walks funny, in Umpteen days, he walks big steps that are 2 inch strides, little steps that are one in three backwards, and with 8 hours sleep; he traverses the course of 2,500 feet in typical Due Dilly Time! Go LS Capital. Gulch is how many miles long? 1, 5, 10, 20 or 30? Uneconomic, nah, perswih the thought. Just a claim block oversight. Could be good, with a 45 Degrees Slope- it may be a Quarter Mile Open Pit Mineable! That is a thousand feet of a chance to hit paydirt, better odds than at the Casino.