Spokane (SKN.V) Discovers Second Zone!! Message Board

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Gold/Mining/Energy : Spokane (SKN.V) Discovers Second Zone!!

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To: John Soileau who wrote (5)	11/4/1996 11:37:00 AM
From: Doug McFaul	of 36

The news that was announced were good numbers. Yes the market dropped, but it was on about 40,000 shares traded and the price has rebounded some since. Obviously this was from people who were trading the stock regardless of what happened with the price. I am sure they were hoping for an increase. This is fine as this was the first 6 of 50 holes. The company is not concerned at all as they know it takes a bit of time to develop a property. At Tandem we feel that any weakness in the market is a buying opportunity and Spokane's Mac property still looks very promising. The results on the Peak Zone and the East contact of the Camp Zone should be out before the end of the year and then another 25 holes will be drilled in early 1997. Hope this helps a bit.

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