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Gold/Mining/Energy : Exall Resources/Glimmer Resources

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To: James N. Wilson who wrote (795)1/12/1999 7:01:00 AM
From: Winzer  Read Replies (2) of 1319
 
James,

There are enough clues floating around to suggest that they could be talking (with associated gag order in effect). I would hasten to interject that if they are indeed talking, there COULD be three parties in the room (GME/EXL & ?). From the SAS map along the PD fault, there are enough potential JV partners or take overers to require a computer to keep track of the all the possibilities. Wishful thinking?

What does your calculations say about the break-up value at 50/50 or 56/44, @1 mln ounces & 2 mln ounces James? I should give them the number to Ritchie Brothers Auction (yes they had the website first)!

Cheers
Winzer
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