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Gold/Mining/Energy : Rampton Resources - RMO.V
RMO 0.350-3.2%Oct 14 5:00 PM EST

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To: E. Charters who wrote (11)11/21/1997 12:41:00 PM
From: Grant Baker  Read Replies (1) of 20
 
Eric, welcome to the Rampton thread. I enjoy your comments and the lively discussion on the E. Charters thread, and hope that you will continue to follow this company. You appear to have a very good handle on the technical end of the mining game, and I am sure that most of us over here could benefit from your experience.

Your supportive comments here are greatfully received. I like your spin on the Arias family involvement, and would tend to agree with you. I think that GIT was simply trying to put their inability to acquire this property in the most adventageous light for their shareholders. IMO, what Rampton paid for the property rights, in comparison to Gitenne's offer, is no longer an issue because Rampton ended up with the property. Every company places different estimates on the potential value of a property, and obviously RMO was willing to spend more than GIT to acquire this property. Only time and drilling will tell if they were right.

However, GIT's statement does imply that there is an ownership question. You also allude to that. What do you know about this issue? Can you provide the rest of us with a bit more background.

Thanks.

Grant.
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