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Gold/Mining/Energy : Fairmile Gold

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To: Steve Stakiw who wrote (3397)	1/7/1998 3:41:00 PM
From: Richard Humphrey	Read Replies (1) of 4057

Steve: your a day late and a $1.00 short on the announcement. This is common knowledge by now. I not sure what you are trying to imply by your posting this? Is there some significance or saving grace to this posting? All I know I have watched my investment in FLA dwindle to 1/10th of what I bought it for. In Echo's case, they finally smartened up and have stop the bleeding before being forced into bankruptcy protection. How much CASH does FLA have? Do you for see FLA jv'ing with any other majors. Obviously we did pretty well with EB. I don't think you'll find the same sort of arrangement with the 6 or so other interested majors. For give my cinical tone, but I have been patient with this investment and it has not materialized. Whoopppedeedoo 600K oz.. Lets hope the new property has more value to offer to its shareholders. I know thats what management is interested in ;>). VALUE!!

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