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Gold/Mining/Energy : International Riley Resources (V.IRR)

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To: Carol who wrote (93)9/8/1997 1:14:00 PM
From: DJ   of 136
 
I talked to some one from Riley today about El Trejo. He said they
cancelled the deal because it was to expensive.(didn't want to blow
all their working capital and come up with nothing.)They still have
1 million in working capital and Trimble owns 1.2 million shares.
(he has been buying more over the last 4 months.) The aerial survey
of the NWT property is finished and are now looking at the data.
Maybe there is hope yet for Riley??
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