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Gold/Mining/Energy : Fairmile Gold

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To: Steve Stakiw who wrote (3648)8/15/1998 7:25:00 PM
From: Douglas Simpson  Read Replies (1) of 4057
 
Steve

Thankyou for the information.

I was wondering if you or anyone on this thread could get some updated information on total shares bought and sold by the big guys?

I believe that there average share and option price is probably about .15 cents.

I have a very difficult time believing that Tom Kelly is looking out for the best interests of us loyal shareholders, now or the past.

He bailed out at 1.50 and after that he did nothing to support the price of the stock.

It seems he deliberately did as little as possible in order to drive the price down to an unbelievable level .10 - .20 cents in order to have options granted at the amazingly low price of .16 cents.

Why was he issued options at .16 cents when the average price of the loyal shareholders(who did not bail out)is well above the 2 dollar PRICE.

With options and shares at .16 cents these guys will start exercising them at about .80 cents to new unsuspecting investors while we hoping and praying that it will return to atleast the 2.00 to three dollar range. Are there any restrictions or rules tagged onto these options?

My average price is about 2.00 dollars and some how I dont think I will ever see that 2.00 dollar range again.

Mr. Kelly, this situation really sucks for the loyal Fla investors.

Losing money hurts bad enough, but when these guys are issued options at .16 cents after bailing out at 1.50 +, it is like tthrowing salt on the open wound.

Where is the accountability to shareholders?<b/>

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