The El Sauzal Drill Results from Phase II drilling were most exciting Thur, 3/6/97.
FGX-V (Francisco Gold) shot up, C$14.50 before settling @ C$31.50
AAS-V (Alamos Minerals)shot up C$ 1.55 before settling @ C$ 2.70
QTR-T (Queenstake) shot up also and settled higher.
ALAMOS MINERALS(40%) is JV'd w/QTR (60%) for a "neighborhood" 199.60.124.125 property, only 1km away from the fabulous El Sauzal drill hole results; just a mere 4 -250 metre fencelines away on the Yecorato 51 jointly owned by AAS-V and QTR-T.
With data already in hand by ready-to-drill-QTR on Yecorato 51 to check the similar geological anomaly that produced FGX-V's spectacular pair of holes, AAS issued 2 mil special warrants at C$2.50 consisting of 1 shr + 1 war., w/the add'l warrant carrying a conversion price of C$2.75 per shr. This reflects a confident AAS-V management indeed.
Based on these and other factors, such as superior guiding hand of AAS-V CEO, Chester Millar, who has a long and distinguished career of not only finding but BRINGING INTO FRUITION gold mines, (some 20+ to this point)--I'm crazy about AAS-V potential.
Anybody is free to comment.
And, anyone is free to view my updated website, dealing w/the subject of gold and ALAMOS updates as well...
http://www.worldaccess.com/~goldbug/
worldaccess.com
Ole "NY Times recently featured" O/49r |
