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Gold/Mining/Energy : RIOSUN--TRIPLED SINCE DEC 1st

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To: Rob Ady who wrote ()2/16/1997 12:41:00 PM
From: kevin aseltine   of 208
 
The press release from Friday to calm the V.S.E!!!???

FEBRUARY 14, 1997

Riosun Resources Corporation Company Update

VANCOUVER, B.C.--Riosun Resources Corporation (the "Company"),
wishes to advise that there are no new developments within the
company. The Company is continuing with the development of the
Eximad EMERALD properties. In this regard, G.V. (Griff) Lloyd
P.Eng., P.Geol., has left for Madagascar as mentioned in our
January 31, 1997 news release. Additionally, on the
recommendation or our consulting geologists, the Company is
sending additional personnel with Griff Lloyd to survey the Eximad
properties to establish an all weather working camp.



-30-

What does everybody make of this , I know the vse has a very bad
reputation but to make a company send out a press release just
to let everyone know that there not doing anything ????

Kevin
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