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


To: E. Charters who wrote (2972)11/6/1998 1:35:00 AM
From: Elizabeth Andrews  Read Replies (1) | Respond to of 3744
 
Where's the gold?



To: E. Charters who wrote (2972)11/6/1998 11:07:00 AM
From: Little Joe  Respond to of 3744
 
Stockhouse Insider Report Very Positive on IWA Prospects.

This is what they had to say yesterday:

"
November 5, 1998
Insider Report Homepage

"In Toronto, the TSE 300 Composite index gained a more modest
47.26 points to 6,413.02, led by the again surging gold stocks. The
trend to lower interest rates has historically helped gold prices,
and the gold producers are rising in anticipation of the price
recovery in the metal.

International Wayside
[IWA.V]
Assay Results Break The
Silence

IWA went very quiet after releasing the initial series of assays
from their drill program on the B.C. vein target in Wells, British
Columbia. The initial results were good enough that we wondered
why
the sudden silence, and new results released this evening add to
the mystery. The assays for holes two through five are again very
respectable with sludge assays indicating gold intercepts as high
as
1.2 oz/t over 10 feet and 0.75 oz/t over 35 feet. The only nuisance
continues to be poor core recovery which makes the usually more
trusted core assays difficult to interpret precisely.

We like the results, but until the company gets the word out more
aggressively, the share price will not reflect IWA's speculative
value."

I am confident more good news is coming because IWA
management is anxious to get more news out next week.

Little Joe