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 (698)	10/5/1998 12:37:00 AM
From: James N. Wilson	Read Replies (1) of 1319

Winzer - this increase in milling capacity is excellent news for the Glimmer JV partners. We could see production approaching 78,000 ounces per year. Also, if all or part of the reduced milling rate is credited to the Glimmer account this will lower costs. More good news. I do think that when this JV dispute is finally settled there will be an explosion in share prices. Patience is needed. While EXL/GME is simmering the seniors and many mid-tier producers are helping the portfolio. For the first time in over a year I feel encouraged. Hopefully the trend will continue. <g> take care, james

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