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Gold/Mining/Energy : Saxon Petroleum (SXN-TSE)

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To: Darrell Gregory who wrote (7)	6/23/1997 9:48:00 AM
From: mark calgary	of 24

Darrell this is the most glossy news release that they could come up with. Notice it doesn't say barely anything about Mr. Pollard. Here you have a case of three independant directors who have done great things for all investors ( notice the share price to $1.20 - who do you think guided the company to its sucess - it sure wasnt Forest Oil. Now we have the majority shareholder as chairman, and two independant directors replaced by one investment advisor. Gee i wonder whose investment advisor he is ????? Do we all think that they will have the best interest of us the small shareholder at heart ?????????? I think that whatever the managment or Forest did to cause the board members to resign must have been pretty crazy. Should make for a very interesting meeting next time - if there is going to be one . Perhaps that is the key.

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