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Gold/Mining/Energy : Geodex Resources - GXM.V (was Agate Bay ABE) -- Ignore unavailable to you. Want to Upgrade?

To: GWalker who wrote (179)	9/1/1999 2:32:00 PM
From: Baywall	Read Replies (1) \| Respond to of 210

The news was reported by Canada Stockwatch, but I am not a subscriber. If go to stockhouse.com and type in V.GXM and then click on Aug 17/99 news release, there it tells who participated in the private placement. As of yesterday's news release, probably the VSE has accepted the private placement and Mexican properties to which the placement refers. This in effect, should take the company off the inactive list. LVL

To: GWalker who wrote (179)	9/2/1999 12:51:00 PM
From: Baywall	Respond to of 210

GWalker, I sent message to myself #181 which was meant as a second reply to your inquiry. I don't know why the company is still on the inactive list, I wonder if management is thinking of something in addition to mining. Active status will be given when restructuring is completed. They have discussed various ventures designed to create cash flow. I suppose the internet. etc. would be under consideration. However, they require the money raised for exploration of the four properties. I would proceed cautiously into any additional ventures. The mining climate is tough, so it is tempting to look for other ventures. However, if can be done without a large outlay of capital, maybe worth looking into. LVL