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Gold/Mining/Energy : Rex Diamonds-Sierra Leone

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To: meng chua who wrote (10)2/19/1997 12:10:00 PM
From: Ross Orr   of 41
 
We did a $17 million financing one year ago with First Marathon and the stock has performed less than what we would have expected. There is a good possibility that some institutions have thrown in the towel but for every block trade there is a seller and a buyer so we are rotating new investors into our story which I belive is just starting to be understood and appreciated. The positive is that the trades were done 25% higher than where we traded in early Jan.

Ross Orr
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