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To: bully who wrote (461)	4/27/1999 11:23:00 PM
From: Elizabeth Andrews	of 578

Bully, the market is suggesting, due to the fact that the stock is C$0.28, that there is nothing in these drill holes. Why are they saying they are assaying 1000 feet of core? What have they seen? This is an enigma to me and the stock continues to baffle me. I don't believe that the zones in hole 3 cannot exist in without there being something else there. Was this just a timed promotion? What am I missing? I'm still long and somewhat embarrassed as I already know that being long these things is dumb on my part. The lack of enthusiasm here tells me no news is bad news but something just doesn't figure here.

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To: Elizabeth Andrews who wrote (462)	4/28/1999 12:10:00 AM
From: Brian Fowler	of 578

No news is bad news, that's true. However, they HAVE to assay the complete holes (hence, 1000 feet out for assay) because PGE can be found in rocks that contain as little as 1% sulphides. I've seen gabbro that has LESS than 1% sulphides run better than 4 grams per ton PGE! Starcore can't afford not to miss an intersection in this batch of holes, so they've got to assay everything to be sure. Doesn't really mean anything more than that. Assays will tell the story. I do hope they are good, though...we need a legitimate play to carry some momentum thru the summer into other plays. Good Luck Boys (and Girls) Brian

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