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 Gold/Mining/Energy : PolyMet Mining Corp POM.V (was Fleck Resources)

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To: Robert who wrote (77)8/15/1996 12:09:00 PM
From: Gerald Oglesby of 707
 
Thanks for your insight. I called Anvil and spoke to James somebody, who claimed he was the owner of Anvil. Here is what he told me:

The results of the first hole don't determine if there is something there or not. Its good if the first hole is positive, but he mentioned it is an 8 or 9 hole drill program. He said that the company next door(I think it is DFR) drilled 11 holes to get to their discovery. The fact that they are near property that has alot of value is good for them too. The rumer that they are talking to bigger or other companies is also true. Apparently, there has been discussion with un-named parties regarding the data thet has currently been gathered. He wanted legal documents created to release the data to other companies though. He sounds positive because he thinks he can just sit back and let the offers come in and wait untill he gets the one he likes. He said that the delay in assay results was due to a problem in shipping. They even had to put a tracer on the shipment. It arrived in the lab on Monday due to the delays. He said " We should have somthing today or tomorrow." and he expected the news to hit the fax last night after close. I spoke to him for about 15 minuits and he explained everything.
I guess I expected results too fast. I asked him about Ken Lynch. I said he doesn't really say too much and is not very informative. James said he agreed and he wished he would be alittle more forthcoming with info because people just want to know whats going on. Hope this helps everyone.

Thanks, Jerry
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