Gold/Mining/Energy | St. Jude Resources......V.SJD


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To: Chris A. who wrote (819)5/14/1997 11:14:00 PM
From: John Fairchild   of 3065
 
When I spoke to Larry Brock on Monday he said the news release on DG1 was issued ASAP to avoid any trading on leaked information re independant assayer. They originally intended on releasing a package of results. Also the initial drill program on the Adoikrom prospect has been expanded as a result of DG1.
They will release further results as soon as they can get them but say they are basically at the mercy of the independant assayer.

Eric rember GIT. The sell off prior to the initial drill results? GIT basically tanked over two days prior to the news release and continued to flounder for several hours after the news release until everybody recognized that the results were good.

It's hard not to be anxious but don't let your imaginations run away.
Remember the drill manager gave us an excellent discovery hole on Adoikrom which is just covered with targets. I suspect they will want to build market confidence and will propably try for more hits rather than delineate. Adoikrom and Seikrom are about 5k apart and on trend and as I recall Larry said 15 prospects. So we should all just relax and let them drill. Incidently they currently only have one drill as these rigs are in big demand right now. But money talks and i would think they could get their hands on more as we begin to see the potential.

John.

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To: John Fairchild who wrote (821)5/14/1997 11:32:00 PM
From: Eashoa' M'sheekha   of 3065
 
If Your Calling Regarding Drill Results..Press 1.

If Your Calling Concerning Insider Trading.Press 2.

If Your Calling Because Your Nervous Press 3.

If Your Calling Just To Shoot The Breeze Press 4.bbzz bbzz bbzz bbzz

If Your Calling For Other Than 1 Through 4 Press 0 And We Will Connect
Your Call To 1-900-YES-JUDY.Very sexy voice M/F at 0.99 per min.

Thought you guys might enjoy a little humor right about now.Keeping
my eye on this one too for some time now.Good Luck All.

Taurus

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To: Eric Rojas who wrote (818)5/14/1997 11:34:00 PM
From: Aristotle O   of 3065
 
<by now, results should be already known to insiders,>

Eric, the company has an obligation to release results immediately,
with consideration only of the time needed for preparation of
the release.

Sitting on drill results, good or bad, is a complete no-no.

It is entirely possible that St. Jude has instructed assay not to
forward results piece meal so that St. Jude will not be required
to release partial results. I trust that they are hoping for an
opportunity to present an initial reserve estimate which can only
be done with enough holes assayed to present a realistic picture
to the market.....face it, our market is justifiably sceptical.

I would also submit that the "Insiders" are already positioned
to take full advantage of what they currently expect from Ghana.
I doubt if this is just a trading opportunity for Insiders. We
really have something here. Long, Long, Long.

With New York only a few short days away, and St. Jude involved in
some high profile meetings, it makes sense for them to present information on Ghana that leaves less to guesswork/hype and more to substantiated calculation . This will take more than another 75 meters.

I am also anxious, but would prefer to digest a comprehensive
release.

Respectfully, Aristotle.

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To: Aristotle O who wrote (823)5/14/1997 11:43:00 PM
From: Chris A.   of 3065
 
Hi Aristotle,

Do you know if St. Jude will be exhibiting at the NYC Mining Show next week? I think your post alluded to it.

I'll be there on Wednesday. Folks like Rick Rule and Bob Bishop are going to have some forums there. I'm sure Judy will be the talk of town if they can get some results out by then.

I'll take some good notes and report back to the group what I find out.

Also hope that Winspear has some good news out on their possible pipe at Snap Lake by then as well.

Take Care,

Chris A.

P.S. See you at the show? We'll all be camped out at the SJD booth, chanting: Juuudddy.... Juuuuddy.... Juuuuuddy...

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To: Wayne Barrick who wrote (813)5/14/1997 11:49:00 PM
From: Roberth   of 3065
 
Yes, if you want info contact me via e-mail.

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To: Chris A. who wrote (824)5/15/1997 12:08:00 AM
From: Aristotle O   of 3065
 
Chris, You Dog !

I had to choose between New York and one of my other passions.....
Tournament Fishing. If it wasn't for a long standing friendship,
and defence of a title, I'd make a point of tossing a cold one
with you in NY.

I'll take 10 - 1 that SJD has our results by then !

Cordially, Aristotle.



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To: Eric Rojas who wrote (818)5/15/1997 12:35:00 AM
From: Robert   of 3065
 
The trading range was only 15c today, and is obviously very tight. I would view that as positive. people are more cautious about driving these stocks to the Moon, but no selling is occurring as yet. It's just a case of we have to wait for the news to be released. Not much to read from price and volume, and certainly no need to panic (yet).

Robert

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To: Robert who wrote (827)5/15/1997 1:17:00 PM
From: scott bradley   of 3065
 
Hixon and Golden Rule have halted trading. How close are their Ghana properties to Judys? Cause for concern?

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To: scott bradley who wrote (828)5/15/1997 3:01:00 PM
From: Walter Kalin   of 3065
 
GNU's Stenpad property is located just NW of SJD property. Stenpad lies in the Bibiani gold belt and SJD lies in the Tarkwa/Ashanti belt. Both belts run SW to NE directions. Correct me if I'm wrong as I don't have my geological maps present.

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To: Aristotle O who wrote (826)5/15/1997 3:36:00 PM
From: Chris A.   of 3065
 
Hi Aristotle,

I finally spoke with Larry Brock today. Nice guy.

He told me that there may be a release as soon as tomorrow - Friday. He told me he's been accused by some shareholders of sitting on the results. But thats just not true. Doesn't have anything yet.

Larry assured me that they will issue a release as soon as the assays come back. He mentioned that they submitted to the assay lab over 800 different items and therefore overwhelmed them. I don't know what exactly made up thise 800 items for assay, I assumed they were drill core sections. I'm hoping we get more than one hole reported back this time.

Also, SJD will not have a booth at the NY Mining show. Maybe next year?

Worst case scenario on the release will be mid-week of next week. But again, they are at the mercy of the assay labs.

His overall tone was upbeat and positive and apologetic for the telephone tag we played.

Cheers,

Chris A.

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