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To: SSP who wrote (47517)	5/18/2000 6:08:00 PM
From: Jim Bishop	Read Replies (2) \| Respond to of 150070

CRVV hey it was worth a shot. ASTV I agree on, good one for the LIST impact date probably end of June?

To: SSP who wrote (47517)	5/19/2000 12:22:00 AM
From: CIMA	Read Replies (2) \| Respond to of 150070

CRVV - I follow your logic but in this case special circumstances may apply. CRVV turned down an offer of $6M from a major for 60% of the property because they are sure the goods are there. The CRVV property borders the Yamfo discovery which has already proven 10M ozs and goes into production this fall. The Yamfo discovery clearly continues onto CRVV's property. Rather than sell out for what they thought was a gift, they initiated a strategy to do an initial drill program, show the results and obtain much higher JV $$$ for reinvestment in their Nigerian properties. Newmont was on the property last week. Anglo, Normandy, Placer Dome and several others are rumored to be in the picture. This is why the impact date for initial drilling results is so important. CRVV has 10M shares O/S FD. $6M/10M shares = .60/share already offered just for that single property. The shares trade for half that today and the market gives no valuation for the company being the first foreign mining company allowed into Nigeria, the largest country in Africa and full of minerals, since the early fifties. They have their pick of properties and will soon be listed on the Lagos exchange as the only foreign mining company.