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Gold/Mining/Energy : Coleville Resources - CLL

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To: Gerry Belanger Jr. who wrote (1621)	5/15/1997 2:13:00 AM
From: Glen McGlaughlin	of 3058

Gerry, with respect you have not addressed two of my earlier questions which were ( 1) Is CLL currently generating a positive cash flow? ( 2 ) Will CLL generate positive net earnings in the current fiscal year? ( 3 ) What was the bottom line for the first 9mths ? Notwithstanding a lot of positive comments I'm hearing about CLL, the reality is I have lost 65% of my equity since I bought in at $3.30 last Dec/96. If everything is so rosy guys why is the share value still in the tank and appearing to be going nowhere fast! We need concrete positive financial results- not more rhetoric!! Glen McGlaughlin

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