To: Jim Bishop who wrote (69607 ) 11/3/2000 1:30:03 PM From: CIMA Read Replies (1) | Respond to of 150070 CRVV - Columbia River Resources - CRVVpages.prodigy.net Many of you have asked questions about our number one penny Stock, Columbia River Resources. While it is not a technology stock, its growth potential fit all our criteria and at a price that we could not ignore. Additionally, we review penny stocks from any sector. The Clubs average is a 25% increase on investment on 10/12/00. We expect CRVV to hit $3.00 by January 1, 2000. The basis of this projection is through using a benchmark comparison with Moydow Mines, www.moydow.com. Its analyst projections, shares outstanding, and relationship with Normandy Mining is an excellent beginning comparison. Additionally conversations with the CRVV president scored very high on our preview survey. CRVV is a very closely held stock and the best kept secret from the general OTC investor, due to little active promotion. The president of the company can account for over 75% of the public float, probably by name and share amounts. What we have here is a close knit network of individuals working on the plan of a very skill and knowledgeable mining expert, Geologist, T. Greg Hawkins. Mr. Hawkins' commitment is the driving force of our support. He and/or the company he heads (www.cmegroup.com ) holds nearly 40% of the stock and has used personal resources to fund the company's projects. Additionally, his connections in Ghana and Nigeria are so well positioned that he is working with the highest levels of government to open undertapped mining potential. The CME Network is a top mining consulting firm that has managed projects all over the world ( CME Projects ). One of there main functions is helping to confirm the potential of mining projects. It is without doubt that their expertise focused on CRVV's projects is evidence of its outstanding potential. CRVV has been offered and has turned down $6 million from a venture capitalist. Management is confident that this offer will increase substantially now that the exploration phase has shifted to drilling. If projections are in line, we expect minority buy-in at over $15 million or majority buy-in at over $30 million. CRVV has 100% interest in a section of what is proving to be a several million oz gold belt that has piqued the interest of some of the worlds largest mining companies. The low number of shares, the eminent buy-in from a major mining company or venture capitalist will significantly increase share value. Comments on Key Management: President, Robert Ferguson. (check website for general background - www.columbiariver1.com/about.html ) Mr. Ferguson's role seems to be that of a convener. He is in place to help position and launch the companies business plan. While Mr. Ferguson appears to have a general knowledge of the mining industry, he would not be considered an expert. However, he is very qualified and knowledgable of what is necessary to position a new public mining company. We believe this has been his role. In the very near future, a new president will be announced and Mr. Ferguson will work on corporate development, his forte (which shows in his forthright and responsiveness to investor questions). Now that several phases of exploration are complete and the company is confident of the prospects, a new president has been identified but will not be announced until a few final arrangements can be made. We believe that the SEC filing may be the main delay in the announcement. Once the new President is announced we will dissect the reasons for the choice and profile an opinion. T. Greg Hawkins. (check website for general background - CME Resume (old)) Mr. Hawkins is not a listed manager of the company but is such a key player that his profile is more important then anyone else on the management team. He is the General Director of the CME Network (www.cmegroup.com) they have an impressive list of clients and past assignments ( CME projects ). CME is now putting its full attention on the projects of CRVV. Hawkins serves an important advisory role. The Ayaco project in Ghana is a great find, foundation of the companies launch and a shareholders reward. However, Hawkins has bigger sights on Nigeria's renewed interest and potential in mining (see below). It was he who recommended the rejection of $6 million from a VC. He knew there was greater potential (we estimate at least 3 times that much). Corporate Profile: Columbia River Resources Inc. is a Nevada incorporated, Vancouver based mineral exploration and development company. In April of 1999, Columbia River became one of the first post war mineral exploration companies since the British, in the 1930's, to establish operations to explore for and develop mining projects in the Federal Republic of Nigeria. While Nigeria's oil industry has continued to flourish over the past 40 years creating massive wealth for major oil companies, her vast solid mineral wealth has been largely overlooked and remains virtually unexplored. www.columbiariver1.com/about.html News update on Nigeria Project News on Ayaco Projects Colunbia River has the best inroads and access to Nigeria's vast potential In December 1999 CRVV announced that the Ayaco (Ghana) Ltd., Tanosa Reconnaissance option was exercised earning 100% interest in the property subject to 10% carried interest to the Republic of Ghana and an additional 10% net profits interest to Ayaco Ghana Ltd. The Ayaco Reconnaissance License covers an area of 306.99 sq. Kilometers (approx. 190 sq. miles). www.columbiariver1.com/newsrelease/99- 02.html. This press release details other licenses around Ayaco that attest to the sites potential. Key Projects: The Ayaco Project and the revamping of mining projects in Nigeria are the companies current major activities. Additional acquisitions and expansions are moving swiftly. We will profile new projects as they become available. Other activities: Listing on the Nigeria Stock Exchange: By year-end, CRVV through a subsidiary is expected to be listed on the Nigeria Stock Exchange. Nigeria boost the second largest Gross Domestic Product (GDP) in Africa (second to the Republic of South Africa). Nigerian investors have already detailed a very strong interest in the CRVV subsidiary listing. This listing is being likened to the launch of a Nigerian mining boon. In 1960, Solid Minerals, mainly tin and columbite, contributed 15% of the GDP of Nigeria. Replaced by emphasis on oil production and political strife, Solid Minerals now contributes only about 0.6%. The success of oil (though not without strain) is evidence that major industries can come into Nigeria and thrive. Nigeria, due to the size of its economy, mineral riches and the hesitance from the general mining community to enter what in the past was a very risky political climate, - now -, through the relationships and complementary business plan of CRVV and the "Nigerian global participation plan" offers tremendous potential. African leaders are realizing the complexity of mining and are increasingly open to foreign alliances. The appointment of a new President: In the very near future, a new president (already identified) will take the helm of CRVV. It is rumored that this is a person of substantial influence and political skills. Robert Ferguson, the current President served to establish the company and kick off its business plan. Now that it is clear that the company is poised to make quantum leaps, there is a need for a different type of leader. We applaud Mr. Ferguson for the good work he has done in setting a foundation. We believe that the announcement will happen shortly after the company becomes fully reporting again. Mr. Ferguson will lead the companies corporate development. The Ayaco project by itself will be outstanding for shareholders but combined with the Nigerian potential makes the prospect huge. However, beyond Ayaco we consider holding a stronger risk. We suggest holding a portion of shares very long term as the company's vision is realized. Support Links: Columbia River Resources Inc About Ghana Moydow Mining About Nigeria Normandy Mining CME Network Concerns: CRVV has fallen to the pink sheets and have remained there longer then the company has led us to believe. We are resolved that the filing is coming however, the stock price may continue to drop until relisting. The club will be holding long so the pink sheet issue will only effect interim price.