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Gold/Mining/Energy : Sheffield Resources Inc. (V.SFL) formerly Solidor Resource
SFL 7.890+1.0%Jan 2 9:30 AM EST

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To: Richard Humphrey who wrote (36)1/28/1997 2:43:00 PM
From: Steven Godfrey   of 43
 
Richard,

I have a feeling that the Squall Lake property may have more of an impact in the next few months. I think Solidor may be trying to joint venture it or sell it to a major who already has properties in the area. This is supposedly what was supposed to happen back in November but never materialized. Re-evaluating the property may mean defining drill targets, how many, when, etc. Then again it may mean writing it off in a few months. Who knows.

I do have a good feeling about the prospects of this company, just a gut feeling based on the desire of management to create a solid company (reasonable amount of outstanding shares, experienced directors). Only time will tell.

Steven
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