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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: louie who wrote (137)7/20/1999 8:58:00 PM
From: Wayne J.  Read Replies (1) of 166
 
Louie,

I can understand being disgruntled and frustrated-that's how I initially felt when I read the announcement!

I have spoken to CBM Management and although they obviously can't divuldge what their game plan is I do not feel that they will take this development without persuing any/all options available to them to provide the best scenario for the CBM Shareholders!

I have been a shareholder for over five years-my sense is that CBM Management won't just lay down and die.

I did hear that another payment was made last week towards earning the 49%-not sure how much but it does look like it's getting close todecision making time!

The message I left with CBM Management is whatever they plan to do-they should act quickly and keep the shareholders informed of the plans and progress!

I think we have an increased viewing audience---wouldn't it be a great time to announce some positve developments! Here's hoping!
I'll give them until same time next week then I'll be all over them like a dirty shirt-they also are well are of that!--Not thatthere is much I can do-but they know I will be bugging them!

In all fairness CBM Management is very approachable--if they are unavailable when Icall they willreturncalls!--At least that's from my personal experiences!

I hope at the next shareholders meeting that I am not the only shareholder in attendance-like the last one!

This is just my opinion--but I am not losing faith!!!

Best Regrds,

Wayne J.
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