RIOSUN--TRIPLED SINCE DEC 1st Message Board

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

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To: Woody Alan who wrote (107)	7/2/1997 8:51:00 PM
From: Rob Lawrence	of 208

Woody: All of your questions were asked by me and answered when I called the office the other day. I know people, that I trust, that were at the meeting and I do not need to attend as my phone works fine. I was told the financing is completed when I called. Anyone who wants to know the truth can find out the same way I did instead of listening to you trying to raise doubts here. Naturally it is going to take longer than expected to complete a financing with a decline in the share price and the overall market decline (where is the VSE average?) due to seasonal trends, Brex, and people like yourself who manipulate the stock--after all it was probably you or someone you know who put the stock to 5.45 to begin with. If it can go up that way it likely can go down that way. I was also told the team will be on their way shortly after the financing is announced, which will be soon. The is equipment there already. Mr. Cochrane explained to me that he would be going to China in late July to perform due diligence ie. negotiations with govt.,set up testing of samples and resources already identified. I doubt RSR will be spending alot of money there if they do not believe it is for real and potential income for the company. There are supposed to be proven resources on the China properties that appear very profitable but they will need to be retested so Mr. Cochrane is confident of results and value for us. I asked what the resource values were but they were not public but why would he bother if they did not look promising? If you ask the right questions you can come to a reasonable conclusion that there is good potential with the China properties. Money can be raised for valid purposes and I think that is what Mr. Cochrane intends to find out during his visit--how good are these properties in China? In this market the stock will reflect appropriate values when the value of those mines are verified and not before. I also doubt the share price is going to go flying up in the next couple of weeks because nothing is proven in a couple of weeks so why should it? We would only have what we did before. Mr. Cochrane did share with me that his plans are to have the Emerald mine reopened this year and explore other opportunities ie. gold on that property and on other Madagascar properties as well. Once again Woody you try to raise doubt. Why do you bother and what is your motivation? The stock is very likely near its bottom so why get out now? That in fact would be a stupid decision to sell now as this likely is the very opportunity for profits--remember "buy low sell high". We are back to the low before any of this really began. If we followed your expert advice you shared here on the thread you had us buying when the stock was up and now you suggest sell when it is low--stellar advice. NOT!!!!!!!!! (don't quit your day job) That demonstrates a very immature investor as selling at these levels only realizes a $ loss. The "real investors" pockets are lined with $ from that mentality and likely from your investments as well. Thanks but no thanks for that advice and your eloquent pearls of wisdom. RL

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