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Gold/Mining/Energy : St. Genevieve Resources (SGV.T & SGV.M)

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To: Walter who wrote (36)10/6/1997 5:16:00 PM
From: Lapouc   of 140
 
Explanation for the transaction with KWG

Dear Walter,
It's very easy, SGV will sell on the market share of KWG they
have, and with the money will buy back new shares that KWG will
issue to them. Because of the condition of the market, the KWG
share price will go down so SGV will pay a good price for the new
share and eventually make money on the transaction because
the new share price will under the average cost of the sale.

Thank

Lapouc
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