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

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To: Alan Lim who wrote (64)5/14/1997 7:54:00 PM
From: Rob Lawrence   of 208
 
Alan:

I think we are all wondering where the assay results are at since they have had them and known what they are for weeks. They have told us they have secured the properties now although the wording of that news release is somewhat nebulous. I do not quite understand what we are waiting for. The price seems to hold despite all of us being on hold waiting for these results--lets hope for the best.

As far as the gems are concerned I guess they were trying to sell them in TelAviv and get some cash (some plans to that effect in past news releases)--hopefully that will get the mine opened and operational and generate some income to continue exploration.

Rob
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