GOLDEN PHOENIX MINERALS, GPXM Message Board

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Gold/Mining/Energy : GOLDEN PHOENIX MINERALS, GPXM

GPXM 0.000001000

-99.0%

May 28 1:24 PM EST

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To: Robert J Mullenbach who wrote (281)	1/22/2002 5:34:43 PM
From: KipferlMeister	Read Replies (2) of 811

Company website updated today: "You may have noticed a large volume of stock being traded and the share price rising up to 17 cents from 8 cents last week. We have received some phone calls about this activity and we wanted to get the information posted on the website as a matter of courtesy. Basically, three events came together last week: 1) The gold price was approaching the highs of September 11, 2) the Company had initiated a promotion effort in Europe for its stock, and 3) the Company had brought in Donner Corporation International as an investment banker. Donner helped keep a floor under the stock and also helped to find buyers. We were fairly pleased with the results of the activity. In terms of the Mineral Ridge reclamation bond, we are still on track. Once this bond is posted, then we expect to see fairly significant activity on the stock. We have scheduled a review of the Mineral Ridge property with a possible mining company investor/partner next week. This company has a good track record and is currently receiving good profits from its operations in Nevada."

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