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Gold/Mining/Energy : Cambridge Minerals Ltd.---CBM
CBM 59.990.0%Dec 5 4:00 PM EST

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To: Spiney who wrote (128)7/9/1999 10:24:00 AM
From: Wayne J.  Read Replies (1) of 166
 
Spiney,

I agree with some of your recent posted opinions -I also feel that the Discover Canada Site has potential-but as I suggested on the RG Thread--the site needs to be aggressively promoted-they have to find a way of reaching the potential travellers to be aware of the Discover Canada Site-in other words--other then the people that have been following the RG--CBM --and Discover Canada Scenario --how will others find out about it?

I've asked the question of RG but that question thus far hasn't been answered --at least to my knowledge.

In my view there still seems to be quite a large spread between the share trading price range of RG and CBM----and as it should be--as things currently stand. JMO!

I am waiting to see how the market dynamics change if or when CBM becomes fully vested----from what I currently understand --for CBM to earn a 49% interest in the Discover Canada Site they need to vest $100,000. plus 1/2 million shares of CBM---to date I understand that they have paid $50,000. to RG.-----Time Will Tell!

This vesting scenaio to me seems to be taking some time to happen---that's just my own opinion!

Wayne J.
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