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Gold/Mining/Energy : Cadre Resources (CSL.V) Awaiting production #'s and Financ -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (677)	7/28/1999 5:13:00 AM
From: KipferlMeister	Read Replies (1) \| Respond to of 1285

Wayne, Stockwatch still isn't showing it, though they have no problem sending me after-hours updates on all sorts of garbage. It's just a question of whether Cadre is using the best wire service to assure proper exposure. Anyway, the important thing is that things seem to be progressing very well.

To: TheBusDriver who wrote (677)	7/28/1999 7:14:00 AM
From: Francis R. Biscan Jr.	Read Replies (4) \| Respond to of 1285

Morning, >>Rich? What do you say besides it's about time!<< & Spiney's >>Rich...could we get an update on the #'s based on this news release?<< Well if my numbers are close, the project is going to show net earnings of approximately $66 million U.S. at the 6 million ton/year rate and $111 million at the 10 million ton/year rate. It all depends on how the pie is sliced with the JV. What is very exciting is that this scoping study is almost completed and this will entail a good part of what is going to go into the bankable feasibility study. Have a good day, Rich