Samex Mining | OTC:BB - SMXMF | Canada - V.SXG Message Board

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Gold/Mining/Energy : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG

SMXMF 0.0001000

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Sep 10 5:00 PM EST

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To: Bear Down who wrote (271)	12/3/1997 11:25:00 PM
From: Dav!d	Read Replies (2) of 539

Michael, I know this response is kind of late, but you must check this out. I don't own shares in WLO but I might buy some. Here's the story I just uncovered. This company is basically an investment type of stock. There are only 4.2 million shares outstanding and Kinross Gold owns 42%. They have $3.3 million in bank AND appox. $10.5 million in marketable equities (as of Sept 30). They have taken cheap pp in Carlin, Samex, Columbia Gold, CROSS LAKE, and Telelink (which has over $10 million in cash trading at $0.50). The stock trades at approx $2.00. Get the picture! Finally, they have just brought on some strong people (i.e. Buckland from Canaccord). The buckland family owns a lot of shares! Short term: If Cross Lake comes out with good results and moves to $6.00 again, then expect WLO to AT LEAST double to $4.00. David

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