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Gold/Mining/Energy : South Pacific Resource (C.SHF)

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To: Ronald W.Millar who wrote (1560)6/28/1997 6:09:00 PM
From: Doug   of 1980
 
Ron...I feel differently than you do on part of your statement when you said "I really can't see where our company can do anything outside of being fraudulent in making an announcement which would stimulate this market."

SHF is doing us a great disservice in not providing us with information that they may know of...if on the 17th June when I requested information, they would have replied and provided us some of the details that is being bombshelled on us now, we could have had the choice of bailing out or staying.

Do you think the stock would be where it is if they would have explained that SHF has a 6th generation COW and will not be affected by what is happening.

Do you think the stock would be where it is if SHF would have done a survey of the bigger companies and told us that all or most of the companies were going to dig in their heels against any changes in how the COW's are handled.

Do you think the stock would be where it is if they had done as Inlet Resources did and hire an independent company to do their Investor Relations who can tell what is news and what is not.

Because Inlet Resources made the announcement that they have hired a company at $2500.00 per month their stock increased from .15 to .23 that in my books is over 53% increase....they have 13,469,875 shares X .08 = over $1,000,000 in extra value just by merely hiring some company who are pro's at this...I'm sure when the market opens that there will be another increase....Ron don't you want the same for us.

I realize I have harped on this fault with SHF for some time....I want someone in there who knows what is news and what is not....Ron having a geologist as an investor relation person is completely wrong because the mind set of that person is he knows his rocks and types of ground and he figures that's not important, well it is to someone who has limited knowledge of rocks, they want to know all the details including what is happening in the country where work is being done and I feel that this is where SHF is falling down.

Would you go to a Doctor who shrugged off your questions because he felt they were not important in his mind....would it not be better for him to explain everything....would this not put your mind at ease that you are getting all of the information....

Ron...if SHF would provide us with more details we could make decisions with our stock, news also needs to come as fast as possible not after the market has reacted such as the fall in price from $1.00 to .50, someone knew, shit what am I saying by the volume « of the world knew but not us....is SHF holding back news....you be the judge, I have my opinion.

We need a fully qualified investor relations department to bring value back to SHF....That's it in a nutshell....IMO
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