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 (543)	4/5/1998 8:46:00 PM
From: Winzer	Read Replies (1) of 1319

James and others, for my comments and questions: 1. The last 60-250 at 200,000,000 is a nice typo. Should be 2,000,000. 2. Looks like an excellent pace of reserve expansion. The 401,941 @65,000 should give 6.2 years and with the two new ore zones and the Geological potential (60-250)appears to be where the additional years of mine life would be coming from. Guess as much as 20 yrs? 3. Makes an excellent take over target. 400,000 ounces @~0.3 OPT and climbing at 75% over the past year is a nice growth rate. 4. Good run-up in the POG on Friday, should help the cause. 5. All that is left is the the big "announcement" that both parties are hopefully working on; before the referee has to decide for them. 6. interesting price activity on Friday the weighted average was more like 38c for EXL and 98c for GME. Volume looked like it was coming to life but both stocks closed on little volume. Any comments? Cheers WInzer

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