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Gold/Mining/Energy : Fairmile Gold -- Ignore unavailable to you. Want to Upgrade?

To: Douglas Simpson who wrote (3976)	10/7/1999 1:36:00 AM
From: saul mikaliukas	Respond to of 4057

Mary Poppins? Go Fly A Kite...we are in the beginnings of a new gold bull market and your yelping and childish behavior has not contributed to this forum for over a year. Why don't you stop and concentrate on making some money in the Junior Gold market instead being a pest on this Fairmile forum. I too am not happy about what has transpired over the last 2 years regarding my speculation with Fairmile Gold. I now own over 278,000 shares and I believe that with the beginnings of a new Gold Bull Market that I will recover and even make a decent profit. Doug give Steve a break he is not to blame for the Goldy Sachs out in the world or the Chalikis's...these guys are trying their best at this stage of the game and I certainly give them alot of credit and wish them the best and all Fairmile shareholders good fortune over the next year... Best regards to All!! P.S. I certainly hope and urge Joe Kizis and Fairmile's Board not to proceed with a reverse stock split at this stage of the game because no real benefit would be realized when a new Gold bull market is at it's infancy.

To: Douglas Simpson who wrote (3976)	10/8/1999 10:24:00 AM
From: Steve Stakiw	Read Replies (2) \| Respond to of 4057

Doug, Answers to your questions. > Hello Steve > What is the story now? Some easy questions to get the ball rolling? > 1. At what price does the price of gold have to be for FLA to be economically mineable with the already 600,000 oz gold. A feasibility study has not been completed on the main A/B/O Complex at the Buffalo Valley Project so an operating cost has not been established. > 2. What is the possibility of a reverse split? When would it take place? What form would this split take? At the last AGM, the company received overwhelming approval for up to a 5:1 share consolidation and associated name change. This has not yet been implemented but remains an option for management. >3. When will FLA change their name and what would it be? see above >4. Are there plans to issue more stock? Fairmile may issue stock as part of any possible upcoming private placement. >5. What money does FLA have coming in right now? Fairmile has received some funds from the joint ventures with Echo Bay and Hecla and the lease exchange with Newmont. >6. Will FLA be involved in any mining shows or featured in any investor magazines? When Where? There are presently no plans for any mining shows at this point. We have been contacted by the Northern Miner regarding the Hecla Joint Venture of the Highland Project so we could see an article in their newspaper. > 7. What kind of potential is at the highland property? How does FLA benefit from this JV? Highland has geologic similarities to bonanza-grade epithermal gold/silver systems such as Midas, Sleeper, El Penon, and Kubaka. FLA benefits by advancing Highland at low risk to FLA, and FLA participates in the work program. > 8. What progress has been made with Newmont? What kind of news do we expect hear? Fairmile and Newmont have closed the previously announced lease exchange at Buffalo Valley. Newmont releases data to FLA annually. > 9. What progress has been made with the Echobay JV? What kind of news do we hope to hear? Echo Bay has been conducted detailed mapping and sampling programs to help identify potential drill targets. > 10. Now that the POG looks better, what are some possible scenarios of what may happen with Buffalo Valley? Obviously, with the commodity price improvement, it improves the possibility of attracting a joint-venture partner for Buffalo Valley. Fairmile continues to evaluate possible joint venture partners.