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Gold/Mining/Energy : AREA PLAY-Carlin/Battle Mountain Trend

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To: J.E.Currie who wrote ()	11/22/1998 7:14:00 PM
From: J.E.Currie	of 49

Date: Sun Nov 22 1998 17:37 Jack (Romarco Minerals (r.to)) ID#237264: Copyright © 1998 Jack/Kitco Inc. All rights reserved Company shareholders were schduled to vote on Nov. 20, to ratify the deal with Franco and Euro ( Nevada ) for a sale that will bring them 480,000 Franco Nevada shares and 620,000 Euro Nevada shares for their Midas Project which abuts the Nevada twins soon to be producing Nevada mine. Anyone know about the results of the meeting? Romarco also plans to buy up to 10 million of its own shares for about $20.5 million, this should leave them with about 15 million outstanding shares and warrants that could be exercised for about 5 million new shares. They have concentrated in Nevada exploration and have had some eye opening drill results on the various properties. Company is debt free and seems to be an excellent candidate too merge with a successful underground miner with simular financial conditions.

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