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

To: d:oug who wrote (81672)	2/6/2002 9:23:58 PM
From: d:oug	Read Replies (2) \| Respond to of 116825

Gold Price Monitor News - [why] GOLD IS PRECIOUS an example (or) spoken by another that Walked their Talk Subj: CORPORATE UPDATE - GOLD IS PRECIOUS Date: 2/6/02 From: LePatron@LeMetropoleCafe.com To: dougak@gatanut.com NEWS RELEASE - No. 2-02 February 6, 2002 Trading Symbols: SXG or SMXMF See news at samex.com CORPORATE UPDATE - GOLD IS PRECIOUS The Canadian Venture Exchange has requested that SAMEX Mining Corp. issue a news release in response to the increased trading volume and price of the Company's shares. SAMEX confirms that there are no material changes in the Company that have not previously been announced... ... in recent weeks Management has observed a dramatic shift in market perception and interest concerning gold/silver which appears to be turning investor's attention to companies mining or exploring for precious metals. In spite of... This motivating principle is summarized in the following excerpt from the Company's 2000 Annual Report: "Is mineral exploration worthwhile considering the depressed metal prices of the past several years? Should a company continue to explore for gold and silver when popular opinion has rejected these metals as a "store of wealth" in favour of stocks, bonds and paper currencies? GOLD IS PRECIOUS - Precious metals have been the standard of real value for many centuries. SAMEX is motivated by a strong conviction that gold and silver are valuable "hard assets" particularly during times when confidence in paper investments is shaken. SAMEX has survived the boom and bust of the technology bubble and management plans to continue the business of exploring for precious metals and other valuable resources in the earth." In addition, SAMEX has also been an outspoken supporter of the Gold Anti-Trust Action Committee (www.GATA.org ), a US based "not for profit" organization, which contends that a hidden scheme exists to manage and even manipulate the US dollar price of gold for the benefit of certain knowledgeable parties to the detriment of others. GATA has researched, documented and is now supporting ongoing US Federal litigation against certain international banking, government and quasi-government institutions. SAMEX also applauds several more senior companies within its sector, who have embraced the concept that "gold is honest money" and publicly endorsed policies such as holding back excess gold production in bullion instead of cash, and further, offering shareholders the opportunity to receive dividends in certain gold instruments. It appears the increased volume and price of SAMEX shares may in part be attributed to investors who recognize that the mining/exploration sector may be undervalued as compared to other investments, and further, are supporting companies motivated by the aforementioned convictions. SAMEX holds several quality exploration prospects within one of the most prolifically mineralized regions of the earth, the Cordillera Occidental of Bolivia and Chile. The Company is currently working to secure financing for the ongoing exploration of several of its key properties namely the Eskapa and Wara Wara prospects. (See news releases, photos, maps etc. at samex.com ). Jeffrey Dahl, President The Canadian Venture Exchange has neither approved nor disapproved of the information contained herein. All the best, Bill Murphy Le Patron, LeMetropoleCafe.com Chairman, Gold Anti-Trust Action gata.org