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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 (324)2/14/2002 5:33:09 AM
From: Robert J Mullenbach  Read Replies (1) of 811
 
Next PR out, I hope it get's proof read. Did my DD.

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1. Figured drilling cost to prove up 1.5 mil oz's,

2. SEA stock only trades on CDNX ( have one left in account thru merger, that only trades CDNX ) if I can't buy it for 8 or 13 for limit order, don't want it.

I will quit right here, nightmare gets worse.

why take their stock,? Borealis is backing GPXM stock

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Corrected and proof read PR should read like this, IMO only
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SEA and GPXM announce JV on MR, SEA will provide 500,000

for start up cost.

SEA will recover their 500,000 from future Gold production.
This is in keeping with new ideal of using Gold, like some of the majors are doing.

SEA will apply for a BB listing, not a bad speculation.

Possible JV in Future to develop Borealis to it's full potential.

GPXM can't sell Borealis, to close to Silver Peak,
want to buy some property there.
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* (The statements in this review that are not historical facts or statements of current status are forward-looking statements [as defined in the Private Securities Litigation Reform Act of 1995] that involve risk and uncertainties. Actual results may differ widely.)
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