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To: c.horn who wrote (5715)5/19/1999 9:19:00 AM
From: Tom Frederick  Read Replies (2) | Respond to of 5908
 
Mr. Horn, A few clarifications if I might...

1) Is the new permiting because there was a difference of opinion regarding how to classify the work being done clearing the ramps? Is all other permiting for disturbance of the area as well as drilling already done?

2) I assume the work on the splits can continue. When do you expect the splits to be completed and the samples sent for assay? How long do you expect to wait for assay results once the splits are delivered?

3) The Alberta Gas project offers a very exciting opportunity. What exactly is it that we are waiting for at this time - An announcement of who the JV partner is? What about the drilling? That was previously announced to be completed by the end of May. Is that still on schedule?

4) If gas is found, how long does it take to estimate the size of the reserve and move to sell the rights to the gas? In other words, if they find gas, how long till be see an impact on the stock price?

Thank you in advance for your clarification on these issues.

Tom F.