Redbird (RBD.A on the ASE) Message Board

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Gold/Mining/Energy : Redbird (RBD.A on the ASE)

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To: Obie who wrote (64)	6/25/1997 10:11:00 AM
From: John G. Robertson	of 130

Company Info & Strategies: Shares Outstanding: 16,178,000 " Diluted: 24,429,000 Options: 450,000 at .13 till year 2000 1,000,000 at .15 till year 2001 I've just found out that Redbird may be only seaking $200,000 to $300,000 to complete the drilling at King Bay & Red Lake this summer (Not the $2M to $3M that was originally stated in the news release). My feeling is that they will do this internally and forget about going to the outside market. It will be interesting to see what the general public thinks of the potential of Redbird in the coming days / weeks.

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