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Gold/Mining/Energy : Paramount Ventures & Finance

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To: R.Goodman who wrote (586)	3/22/1998 11:30:00 AM
From: Yorikke	of 4884

Mr. Goodman, I don't believe that what I wrote implies any impatience. On the contrary. I'm willing to wait two to five years, or more if necessary. I just don't believe it is in anyone's interests to 'play' the events in such a way as to create these temporary periods of expectation. That is bad for everyone involved. And I don't believe that asking for more reliable information is a display of impatience. If things were laid out on the table a bit more clearly, I, for one, would spend my time looking at that and not posting so much trash. Again, please check out the Yamana thread and get a feel for the type of company response that provides information and a level approach to what is happening within the firm and the market place at large. You will see that this is not hype, it's just a firm's honest attempt to communicate with its shareholders. One for instance. As Chris has pointed out, we do not even have a good inventory of the properties held by the firm. What is the status of the diamond area stakings we had up in the area of the buffalo hills finds? Have we let them go? What are the plans for those properties? Just how many claims do we have in the Salta? What is their status? What about the Indo properties? These are all honest straight forward questions about things that have nothing due with hype. They could be posted on the company web site. I, like you, believe in the potential of this firm. I am not impatient for results. But I think that there are aspects of management that are seriously deficient. Strengthening these would not be 'Hype' or 'Promotion'; unless of course we view any information release as such. I'll write Paul. But I don't believe that one voice is going to change this situation. If we are going to turn things around and convince management of a need to change its information approach I believe that it is going to take the efforts of many of us. One final point. I do not agree with your contention that 50K is going to move the price appreciably. We are in a poker game here. And the show cards don't indicate much about what the parties are going to do. We have seen constant selling for months. And a price rise will have to face added shares which are not now on the table, but are ready to move none the less. We are going to need a big buyer to soak these up. Without such a major player on the buy side we are going to languish here. But when that decision is made I think we are off the floor and moving back up. Regards, mnmuench

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