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Gold/Mining/Energy : Fortune Minerals Limited (TSE - FT)
FT 7.950+0.1%Jan 8 4:00 PM EST

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To: Elizabeth Andrews who wrote (542)12/14/2000 3:08:54 PM
From: Dave R. Webb  Read Replies (1) of 612
 
I have no doubt that some individuals not currently involved with Fortune have sold stock. In fact, we also know that current directors have sold stock, although they have usually done so just prior to exercising options to increase their position.

I don't know of anyone at Fortune who does not whole heartedly believe in the Nico Project and the company. I would think it hypocritical to be make optimistic statements if you don't really believe in what you're saying.

I think we're all waiting to see what this year's field work has done for the project. Certainly commodity prices haven't done much for us, but for the first time in a long time, commodity prices haven't moved towards a more negative position.

Dave
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