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Gold/Mining/Energy : Bomax Resources - BXS.VSE

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To: Johan van Slooten who wrote (25)11/20/1996 2:23:00 PM
From: Johan van Slooten   of 313
 
MAJOR NEWS PENDING!!!

Just got of the phone with Jim Bond. It seems, that we're very near the contract-signing now. ALL problems have been solved. Lended money (mostly by Jim Bond himself) will be converted for shares in the company. One million dollar will be raised for getting into production as fast as possible. The signing of the contract is hours away instead of days, Jim told me. Well, if it all happens this week, its allright to me.

I asked Jim about the projected EPS for 1997, when the company gets into full production of 1000m3 granite per month. My own calculations were C$0.90. Well, this wasn't that far away: Jim has it calculated at C$0.78. This will be a C$5-7 stock within a year!

The Dutchman
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