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Gold/Mining/Energy : Cambridge Minerals Ltd.---CBM
CBM 59.990.0%Dec 5 4:00 PM EST

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To: John Veltheer who wrote (85)4/11/1999 10:20:00 PM
From: Wayne J.  Read Replies (1) of 166
 
John,

I'm of the opinion that the speculation on recent news releases has taken CBM this far in price and volume-----then I felt we observed a share price pull back or consolidation --let's call it profit taking!

Now I see many people sitting on the fence waiting to see more signals to evaluate how the Discover Canada Site opportunity is developing!

I have been checking the Discover Canada Site on a regular basis and not much has changed for a few weeks---I wouldn't expect a significant or renewed interest until the site is up and running and actually generating revenue! JMO!

Sometimes these opportunities can seem to take forever-but I would rather see Cambridge and The Real Group take their time, and make steady step by step progress and do it right the first time through!

I think building investor and shareholder confidence is a key component in moving this business forward--Let's see what happens!

I'm feeling quite positive about my speculative investment in CBM--but that's just my own opinion!

Did anyone notice Uniglobe Travel On Line this past week! It closed over $10.00 per share!----It will be interesting to see how we stack up against UTO as time passes!---It certainly seems to be a hot sector based on UTO's activity last week! JMO!

Best Regards,

Wayne J.
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