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Gold/Mining/Energy : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG
SMXMF 0.00010000.0%Sep 10 5:00 PM EST

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To: Donald McRobb who wrote ()8/29/1996 1:43:00 PM
From: Ross Mickey   of 539
 
Looks like things are going to be moving this fall. I saw 100,000 shares go through this morning at 2.75 which prompted me to make a call. Now trading at $3. The 100,000 shares was to a broker who wanted to start trading the stock and missed out of the private placement. The company is starting to drill the San Isabel property today, results by October. They also plan on drilling the Walter property which has a proven reserve. Metalergic results are due soon so they can size the reserve. They hope to have this area in production in 1998. The private placement should finalize tomorrow at $2. With a 3.4 million float, proven reserves, active drilling and metalergic results we might see some more positive movement. The San ta Isabel property, if they pan out, could really move this stock. Also Bob Bishop is going to be visiting this week. Don't know what he will say......

I am a shareholder with a small position and not an advisor.

Please check out for yourself. Samex 1-800-828-1488

Best of Luck

Ross
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