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

To: E. Charters who wrote (17588)	4/5/1999 8:50:00 AM
From: MrsNose	Read Replies (1) \| Respond to of 26850

Speaking a bit of promotion, from today's National Post: VSE Team Hits Europe to Drum Up Business Mining "coming back" John Schreiner Financial Post VANCOUVER - In one of its biggest marketing forays since the Bre-X fraud ravaged junior resource markets, a Vancouver Stock Exchange team will be touring a dozen European financial centres next, culminating with an April 16 meeting with mining analysts in London to showcase six VSE juniors. The mission aims to satisfy a re-emerging appetite for information on the junior mining market that the VSE research has uncovered, according to John Boddie, the VSE's vice-president of marketing. "The industry is coming back," he said. The B.C. and Yukon Chamber of Mines and six of its member companies are helping underwrite the London presentation. Mr. Boddie and Chamber executive director Bruce McKnight expect to speak to a sold-out luncheon of about 80 mining analysts. The object, Mr. Boddie said, is to "try and get business going." "Our message is that the Ontario Securities Commission and Toronto Stock Exchange mining standards are out and they are 95% what ours are and the internationally mining analysts should know that," Mr. Boddie said." Also, Toronto dramatically increased its requirements for mining companies and by that changed the framework of the Canadian capital markets. We're clearly the junior mining market now. They should know that." "I'm going to talk a lot about the regulatory change," Mr. McKnight said. Most of the six companies that Mr. McKnight and Mr. Boddie are using as examples of VSE listings at various stages of development will not make presentations during the luncheon but will have executives on hand to talk privately to the analysts. The six are: - Auspex, which, after a merger next Friday with International Vestor, a related company, will be known as Euro-Zinc Mining Inc. The company has a number of mineral properties in Portugal, including a mothballed zinc mine formerly owned by a state company there on which a feasibility study is being completed. Mr. McKnight will use this company as an example of how the VSE can be a vehicle for financing projects in Europe because there is no comparable exchange there for junior resource companies. - Winspear Resources Ltd. and Mountain Province Mining Inc., both of which have active diamond exploration projects in the Northwest Territories. - Rubicon Minerals Ltd., Western Keltic Mines and Expatriate Resources Inc., all of which have North America gold or base metal exploration programs, some of them advanced programs. "It isn't all doom and gloom [in mining]," Mr. Boddie said. "There are some companies that have had very good results. We want to bring the community in London up to the current state of affairs."