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Non-Tech : Sungold Gaming International (SGGNF)

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To: Carol Barnes who wrote (2267)6/17/1998 6:05:00 PM
From: John Lawrence   of 5164
 
Some general comments

I assume that anyone with an interest in the company is keeping in touch with events by calling the company. Once again, things are taking longer than we expected, but I understand the situation is still positive with our favourite project, and that we can expect a favourable outcome.

The Richmond project is in the process of being presented to various committees. The company is getting feedback and making making appropriate adjustments. I'll let you know more about this as the info. becomes available.

As for the shares selling, with the lack of news, it's hardly surprising that some shares are sold, and there's little demand; although it is notable that so few shares are changing hands. I'm beginning to that Sire's attitude of patience is very healthy in this situation.
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