Exall Resources/Glimmer Resources Message Board

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Gold/Mining/Energy : Exall Resources/Glimmer Resources

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To: James N. Wilson who wrote (504)	2/20/1998 6:34:00 PM
From: Winzer	Read Replies (2) of 1319

Finder's fee Glimmer Resources Inc GME Shares issued 5,240,412 Feb 16 close $1.06 Thu 19 Feb 98 Miscellaneous The VSE has accepted for filing an agreement dated September 30 1996 and amended as of February 21 1997 and December 12 1997 whereby First Delta Securities Inc will receive a finder's fee totalling 78,550 shares at $0.93. This fee is in connection with the company's private placement of 1,075,269 shares at $0.93 per share with Matachewan Consolidated Mines. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com James, should we be reading anything into the above or is it just "housekeeping" ? I like your prediction/hope for the blue sky. A little more of a wait; but the good times gould be near at hand like you say. What do you see to be the proposed options? What would GME do if they were to get control of the property? Do they have any production experience? This would be the worst aspect of a GME victory. The present site management is the best experience that you can buy for the money. One option I would throw out for discussion is 51% EXL, 49% GME. This was EXL get's to save some face GME is better than the original 60/40. This way it is not a perfect world; but everyone wins. A 50/50 split don't really appeal to me. I've seen stalemates at work before.

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