RIOSUN--TRIPLED SINCE DEC 1st Message Board

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Gold/Mining/Energy : RIOSUN--TRIPLED SINCE DEC 1st

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To: Bill Dean who wrote (33)	3/18/1997 11:37:00 PM
From: Rob Lawrence	of 208

Bill: This company has some great properties with some great prospects. That is why the stock was going up in the first place. That work continues and that is evident from their news as they say things are continuing to progress on their properties overseas and they are "negotiating additional contracts" as well. Seems like things are moving along nicely. They appear still focused on their objective despite the distractions. That in and of itself is a credit to those directors who remained. Maybe they plan to release some good news when this gets reopened to give people some confidence. The geologists must be getting close to having some results as work continues over there in Madagascar and has been ongoing this entire time. The geologists that are involved here are top-notch and would not be involved in something less than a good viable play. It appears they are working to get everything done to the satisfaction of the VSE. That seems to be a task in and of itself though. They appear to be diligent despite the VSE. I guess if there were that many bad apples in the barrel they may as well just clean it out. They ought to be "clean as a whistle" when the VSE lets them trade again though. The negative will be gone you can be assured of that. People never seem to realize the positive that can come from something like this they only focus on the negative. These are the folks who will realize their loss when they panick and sell at any bid upon reopen, whatever that may be. That will help the shorts cover and they will lose money--real smart to sell. The price is likely to settle but that may only be short term if results are good. If everyone just would relax and wait for some news I think there will only be more good news. The reports I hear are that the new President is sharp and "no-nonsense". The rest of the new team is supposed to be good as well. Just as an FYI it would be nice if the company would let investors know exactly what had to be accomplished to get trading again. Investors want to believe in what their company is doing. They seem to be trying hard though. They probably are bound by the VSE as I called the VSE and they were pathetic about releasing anything concrete. For all we know they may reopen tomorrow or very soon as they appear to be making public statements that I am sure are designed to satisfy the VSE. I would surmise that the VSE had a real problem with the stock going up so fast with minimal amounts of information. The VSE never thinks that something can actual appreciate in value unless they think it is warranted. The VSE is the only one allowed to "control" the market not the market itself. I am sure the VSE will be there to protect our investments when it reopens and make sure that it does not fall. NOT!!!!! It is interesting and makes one wonder what the agenda of the VSE really is. They only try and "protect" investors when their investment is going up. Seems odd. They seem to get selective in their ethics when the shorts are having a hayday and driving a stock into the basement. Its O.K. for us to lose money but not to make it. The VSE SUCKS!!!!!!!!!!!! Let us hope we are trading again soon. I for one am ready for this to be over. Rob

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