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stateside

07/01/06 3:10 PM

#1561 RE: FL #1545

Speaking of Oromin (OLE), I've accumulated about 30,000 shares over the last few weeks. Their property surrounds Mineral Deposits (AU) who is doing a bankable study and probably already has near 2 million ounces on their property which is 1/10 the size of OLE. The trend running through Mineral Deposits ($500 miilion market cap) runs through the OLE property where several high grade gold holes have been found. They are drilling now and will continue to drill with 2 rigs through the rainy season starting this month so PR's should be plenty. In the past, I usually play only Canada and Mexico but this play looked just too good to pass up right now. Will be looking for other West African plays in the days ahead, especially if the Mexican elections tomorrow go Left.

stateside