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Gold/Mining/Energy : Richland Mines Inc

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To: Roger Myers who wrote ()9/23/1996 2:02:00 PM
From: Roger Myers   of 62
 
Hi all,

Roger Myers here, and I come with the potential of good news. I spoke to the PR guy at the Richland offices today and he says that news should be out this week regarding the grades of the vermiculite deposit.. He told me that they have actually intersectected areas where the material is pure white, this translates into a very high grade of vermiculite.

As to why the price has fallen off slightly he beleives the exercising of warrants in a 1,000,000 private placement is to blame. He also says that Richland has the cash to mine the deposit themselves.

this is quickly becoming an intresting situation. I ,encourage you all to call there 800 number at 1-800-890-8814.

Good luck to all!

Roger
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