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Gold/Mining/Energy : Maracote International Resources (VSE: MCE) -- Ignore unavailable to you. Want to Upgrade?

To: John Fairchild who wrote (25)	12/15/1998 6:03:00 AM
From: Dan P	Respond to of 339

Ari, John and others: I agree that Maracote looks poised to move higher into the new year. It is of course a "new story", and there is no baggage to go with this stock. The management is the key, and the concentration of the drilling in one are is quite interesting. I have a significant position in Madison, which of course has the same management, and they seem to have the formula for finding and developing world-class precious metal projects. Ari, thank you for pointing out this one to us. Regards Dan

To: John Fairchild who wrote (25)	12/15/1998 8:52:00 AM
From: chevalier	Read Replies (1) \| Respond to of 339

The only reason that hole 3 was drilled from the same pad was due to a delay in getting helicopter to move the drill. With that said they seem to be pretty excited about hole #3 just the same. I too have not found anything else this exciting at this stage of exploration. The other reason that this company is much better than the AMC's of the world is the insider control position of the share price. I am also watching URI but they do have some debt from a legal battle and have no money in the till at all. If I come across anything else suitable I will forward the info to you