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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: Kimberly Lee who wrote (6193)	2/18/1999 10:37:00 AM
From: jccodez	Read Replies (1) \| Respond to of 11130

HVAR - Up on low volume.

To: Kimberly Lee who wrote (6193)	2/18/1999 10:39:00 AM
From: ciVic	Read Replies (1) \| Respond to of 11130

AFRI annouces a nice mineral find in africa..just now...do some dd but it is a .18 and was at .50 a couple months ago ciV NEW YORK--(BUSINESS WIRE)--Feb. 18, 1999--African Resources Inc. (OTC BB: AFRI) today announced that its mineral deposits in Guinea are among the richest finds in West Africa. Another mining company with operations in Guinea, Trivalence Mining Corp. (VSE:TMI), recently recovered a 38.67 carat diamond; Trivalence has averaged at least one 100 carat stone every year for the last decade. The company has sold stones for as much as $10 million. Their first 1999 diamond sale had an average price per carat of US$467.49. African Resources is positioned to be a principal mining and exploration concern with Guinea through its favorable status with the government. Historically, Guinea has produced some of the largest and most exceptional diamonds in the world. An average of 80% of all rough diamonds recovered there are of gem quality, with an average size in excess of 1 carat and valued at over $350 per carat. In the U.S., African Resources owns 30% of operations in Arizona on property it says has an estimated $1 billion in gold reserves. It also has access to one of only seven gold smelter facilities in Arizona. African Resources also is in negotiations to own licenses to market two proprietary mining-related technologies. The first allows for on-site rapid separation of gold and precious metals from black sand and ferrous material, significantly increasing the yield. The second technology is a water purification and treatment plant. The technology extracts impurities in water being discharged from mine-processing systems and renders potable water for disposal into the environment. These licenses give African Resources the ability to potentially re-open mining operations that had become unfeasible because of environmental or precious metal recovery issues. Company management says the technologies give African Resources the opportunity to participate in 25%-40% revenue flow of mining operations with minimal cash investments. Investor information can be found on the web at: www.africanresources.net. Press and investors can request information packages by calling: (800)665-4415 or (516)505-5880. "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. CONTACT: Press and Investors, 800/665-4415 or 516/505-5880 www.africanresources.net