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Gold/Mining/Energy : RIOSUN--TRIPLED SINCE DEC 1st

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To: Ed Pakstas who wrote (199)7/9/1998 7:22:00 AM
From: M. Gunther   of 208
 
Thanks for three before messages.

I have same feeling with message 1. Company news don't give idea of what is going on. News on one thing and no more update. Like EXIMAD project, I remember first RSR have option to buy 80 or 90 % and spend some money for equipment and issue 3,000,000 shares on cash flow. For more than one year (1997) hear nothing on EXIMAD, then new deal buy 100% and issue 600,000 shares. This new deal did VSE approve ? This deal closed ? I cannot find information. Many other examples. How can anyone believe ?

Company is delinquent filer and don't pay fees all the time, how can any feel safe company don't get halted again ? Company don't spend money and expenses in 1997 ?

I read news about lost of $400,000+ in Madagascar. How this happen ?
Equipments bought direct by RSR from overseas why so much money send to Madagascar ? Maybe answer given at Annual General Meeting can people who attend tell me ?

I read the accounts, so far EXIMAD investment more than $1,000,000 invested. What is it ? Equipment how much ? office ? salary ?
$1,000,000 for nothing happen in one year ?

I will be happy shareholder if I get good information and clear news. The last news still don't understand. Maybe I miss Meeting coffee and
bouyant.

I was wishing when price go up to 70 cents in May it going up some more. Then news it fall, why ? maybe people like me who don't understand. You think it is good deal ?

What is "Old Boyz Club".

Thank you.

M. Gunther
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