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

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To: Rob Lawrence who wrote (71)5/16/1997 11:34:00 AM
From: Alan Lim   of 208
 
Rob

Issued 9,233,325 + 2,000,000 warrants that came with the private placement last April + 2,500,000 shares for the Eximad (emeralds) acquisition + options give about 14,000,000 shares.

I am optimistic that we will see higher prices soon. There is a lot of foreign interest - private placement is going to foreign investors from the news.

Alan
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