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Gold/Mining/Energy : AA NEW ARCADIA RESOURCES OIL/GAS SEINE RIVER PROJECT.

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To: J. Nelson who wrote ()1/4/1997 1:21:00 AM
From: J. Nelson   of 80
 
Dec. 3, 1997 Closing price V.NXR $1.40 + $ .30 V.SRO $ .25 + $.0625

New Arcadia Resources Ltd. 52 week high $1.40 low $ .24c

Seine River Resources Inc. 52 week high $ .70 low $ .15c

For any of you that are intrested Seine River has two Gold mines and the price of oil
is now 40% higher than when they began there Guatemalan project. With the Guatemalan
Government now at peace the project will continue at a fast pace.

I look froward to a discussion on the projects and your opinion on these stocks.

Thank You

JNelson
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