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Gold/Mining/Energy : Clearly Canadian Beverage Corp (CLCDF)
CLV 1.4300.0%Feb 8 3:00 PM EDT

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To: Blue who wrote (152)11/8/1997 3:16:00 AM
From: Shannon Mitchell   of 206
 
John,

Yes, I totally agree with you on the dilution. However, currently it is a simple rule that is being followed by CLCDF. The company tried once to bite more than it could chew which proved to be unsuccessful. So the next best thing to do would be to take smaller bites. With these acquisitions comes an increase in earnings as well. I still have strong belief the company is headed in the right direction....just a matter of time.

Good Day
Shannon
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