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Gold/Mining/Energy : Primo Resources - PRI.VSE -- Ignore unavailable to you. Want to Upgrade?

To: trevor holaday who wrote (560)	4/6/2000 6:16:00 PM
From: gian piero ciambella	Respond to of 579

I appreciate your time and continued interest for digging up the info and posting it Leigh. Merci! I'm happy to see I'm not the only one concerned about the internal operating practices at Primo. Trevor are you saying that Sarah, is or was on the payroll as secretary with Primo? How strange to have such good contacts to collect finders fees. Wouldn't this be benefiting from insider's information? Similarly, Georgia was promoted to Director and given options... maybe to run the office but we can't say our Director don't won any stock in Primo? Where did the money come from? (I believe Primo was healthy before Ken resigned or possibly as consultant, may be he might have found a misplaced credit note?). So, what are the chances that Primo will elects to participate or not (more dilution) in the upcoming Phase III in Argentina? I'm happy to see Georgia got the email listing working again for disimination of info to shareholders. We were kept on the side for a while... and even cut the 1-800-917-7466 line on us. OK, the check is in the mail so what's left in the account?

To: trevor holaday who wrote (560)	4/6/2000 7:01:00 PM
From: Leigh McBain	Respond to of 579

They are claiming to have done 2 placements, I haven't had time to entirely clarify that just yet. I am also assuming that they expect to be able collect on the warrants. That would give them $900,000 cdn. Sara is unquestionably Ken's daughter and he may very well have been the true connection to the placement money and chose to have the shares show up under her, tax reasons etc. This would NOT be all that unusual in a situation like this. Sara is the reception for Ken's company and does NOT officially work for Primo, which also makes it easier to do, legally. I am not trying to legitimize anything, just explaining, as best I can, what I believe is going on. Salut, Leigh McBain