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Gold/Mining/Energy : CVR: V Consolidated Viscount Resources - Ringer???
CVR 9.050-3.5%3:59 PM EST
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To: joseph nazarian who wrote (32)10/23/1996 8:35:00 PM
From: John Fairchild   of 409
 
I agree Joseph. I called late today but could only talk to Dave.

Len and Tom were in meetings. Dave - IR listened but. I told Dave that they need to release news. Dave suggested that there is concern about releasing news right now with the condition of the VSE. The news may not be as effective if it were released now rather than waiting until the VSE sees some recovery. I told them that I believe that CVR has been hit harder by the VSE correction because of the lack of news releases and the lack of detail. He says it's up to Len when he issues the news release and that they feel it may be best to wait for the bigest bang for the buck ect....... I strong advised them that if they do not release news they will be dealing with a very serious credability problem.

Anyways I did my part, I guess we will just have to wait and see. The one tid bit that I got from Dave regarding the Washington property was that the Major (and we all know who that is) Chief geo scientist has given the highest recommendation to persue an interest in the property. They will know anytime now.

John.

PS - Until talking with Len I would not discount the possibility of a news release within days.
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