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Gold/Mining/Energy : Exall Resources/Glimmer Resources

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To: Winzer who wrote (509)2/23/1998 12:32:00 AM
From: James N. Wilson  Read Replies (1) of 1319
 
Winzer - thanks for setting me straight on the latest reserve
count from the Glimmer front. Okay.. so we're just a bit short of the
5 year mine life, but given the limited exploration efforts todate
this could be just the tip of the iceberg.

I think that when the dispute is settled and all efforts are focused
on the development of a mining plan and further expansion and defining
the orebody there could be a few surprises ahead for both EXL and GME
shareholders.

I am a little disappointed not to see an official reserve count by
way of a press release before it hits the N.M. The operator of the
project should keep all shareholders both large and small informed of
all material changes.

take care,

james
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