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Gold/Mining/Energy : Sanfred Resorces (V.SND)
SND 3.775-1.8%Jan 15 3:59 PM EST

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To: HARLEY II who wrote (50)10/3/1997 5:16:00 PM
From: Richnorth   of 150
 
I agree with you that the SND Management should be changed!

Many SND investors are very, very disappointed with the management. In fact there are not a few who think that SND is not being upfront with its investors. There is just NOT enough disclosure, not enough information given out. For example, so far, SND has not clearly defined its properties (i.e. provided a map showing their exact location relative to that of Winspear's). If what I heard is correct, it seems SND has only one property (not three, as originally touted) somewhere close (how close???) to Winspear's property! I have also heard that, at the current price of about 23~24 cents, it is possible to buy shares of perhaps more promising companies that do not have any properties yet!

SND's silence is D E A F E N I N G ! ! ! ! ! ! !

Your comments, please.

Richnorth
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