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echo: locuser
to: Paul Edwards
from: Frank Malcolm
date: 1996-06-12 03:10:04
subject: get rich quick

Hi, Paul.

Further to your question the other day, on Friday NTS traded at 12 on
the opening, then 2 trades around midday at 11.

Today they've moved a bit, probably based on reported positive results
from the RAB drilling program by one of their JV partners in the NT
(Troy Resources NL, TRY). Closing market was 12.5/13.5/12.5 with 27,300
wanted {at} 12.5 then 50/- {at} 12 in front of you on top at 11.5, 330/-
offered {at} 13.5 and 1/- done at 12.5 (earlier were higher). I thought you
might like to know that...

"The results of drilling indicate that bedrock gold mineralisation
occurs in this area, and is broadly related to a sheared and
hydrothermally altered (biotite quartz tourmaline pyrite) contact
between Archaean amphibolite (and gabbro) and quartz sericite schists,
possibly part of the Peak Hill Metamorphics suite."

Regards, fIM

 * * A bigot will not reason, a fool cannot, a slave dare not.
@EOT:

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SEEN-BY: 711/934
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