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Gold/Mining/Energy : Primo Resources - PRI.VSE

PII 73.60

+6.3%

Jan 8 4:00 PM EST

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To: tom shelby who wrote (559)	4/6/2000 7:04:00 PM
From: Leigh McBain	Read Replies (1) of 579

According to GL, the 30 day notice does NOT apply to the property payments, only to the cash calls for the different phases of the development project. It is their belief that they actually have the capability to reject payment, if they were so inclined. I have been trying to see if I can get a copy of the JV agreement so as to verify that for myself. If I can get it I will post my findings. Salut, Leigh McBain

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