Exall Resources/Glimmer Resources Message Board

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Gold/Mining/Energy : Exall Resources/Glimmer Resources

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To: Winzer who wrote (673)	8/24/1998 7:05:00 PM
From: James N. Wilson	Read Replies (1) of 1319

Winzer - after further review it would appear this is the first profitable quarter at the Glimmer Gold Mine. I am pleased to see the operation cranked out 1.2 million in gross profit despite depressed gold prices. If we are doing this well mining development headings and with such depressed metal prices things could become interesting with higher POG and mining of stopes. Are you familiar with the financial statements? Perhaps the Non-Controlling Interest in Income of $315,808 is GME's portion for the quarter. take care, james

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