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To: russwinter who wrote (801)	4/20/2001 11:38:06 AM
From: Claude Cormier	Respond to of 4051

<Dang it Claude, now I know what it must feel like for you to convert Elizabeth!> -:) Oh Yes Russ, FWR is great... I am converted .. Illico !! <g> Seriously, this is a good start... However, if I compare the numbers with say a Cumberland... I find it hard to justify owning FWR at this stage.

To: russwinter who wrote (801)	4/20/2001 8:44:18 PM
From: Bruce Robbins	Read Replies (1) \| Respond to of 4051

Russ, These are great numbers. The problem FWR has is too many shares out and too many projects. It has become one of those convoluted stocks with "units" and "warrants". FWR also has quite a burn rate. I can just imagine how much it costs them per month to do all they do. I had some FWR before Harker-Holloway and waited about 3 years before making some $ on that discovery. Clarence looks like a 5 year thing right now. How many more financings is that? Bruce