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Gold/Mining/Energy : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG
SMXMF 0.00010000.0%Sep 10 5:00 PM EST

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To: Donald McRobb who wrote (182)4/30/1997 6:53:00 PM
From: Jeff Kier   of 539
 
Talked with Jamie at SXG. These two cross's were stock from the President to two groups that are going to do PP for SXG. Since Patricio (Pres) is Bolivian, the tax situation is different for him and it allows him to let some shares go to raise money for SXG.
The money will be used for the Agua de Castilla and the Sora Sora projects. Both of these projects will have some activity in the not to distant future, what the extent of that will be I'm not sure.
The nice thing with these crosses, was that it also generated some buying ,a plesure to see.
What it also says is that even in this suppressed market, there are groups out there that think SXG is a good deal at $1.00. Groups in the amount of 450,000 shares. Not bad.

jk
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