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Gold/Mining/Energy : Exall Resources/Glimmer Resources

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To: James N. Wilson who wrote (910)4/25/1999 3:14:00 PM
From: Winzer  Read Replies (1) of 1319
 
<<Exall did not spend 80% of the August and November cash call as required by agreement and consequently Glimmer will seek full restoration of its original 40% participating interest. A 15% fee on all costs being levied by Exall is also being questioned.>>

No wonder Exall is being evasive! Another reason to look at some more Glimmer shares. EXL was up 7c at one time on Thursday after the PR.

Winzer
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