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Gold/Mining/Energy : Mt. West--Best gold/energy combo -- Ignore unavailable to you. Want to Upgrade?

To: Robert McCullough who wrote (32)	9/21/1997 6:41:00 PM
From: Dale Schwartzenhauer	Respond to of 77

Good news may not be too far away. Meanwhile, the stock can be had for around $0.10 U.S. if one is patient. Once news is in hand, you won't be able to touch it for double that level. Dale

To: Robert McCullough who wrote (32)	11/2/1997 3:44:00 PM
From: Dale Schwartzenhauer	Read Replies (1) \| Respond to of 77

Robert: the Elkhorn District is getting very close to heating up in a major way. One of the key property blocks is turning over to a more aggressive operator and this should serve to make the MWR ground (270,000 ozs AU) more important. This is especially true since MWR's ground has the more significant exploration potential. So, despite the fact that the stock is dragging around C$0.10, the deal we're expecting could easily put the stock up fivefold in the early stages. Longer term, an NSR could bring in big cash flow over a period of several years. Thus, I expect a market change in the near future and would encourage purchase in this range. Best regards, Dale

To: Robert McCullough who wrote (32)	4/8/1998 2:14:00 AM
From: Dale Schwartzenhauer	Respond to of 77

Robert: we're beginning to get some action on MWR. In addition to an upcoming drilling program in Guinea, the Company is talking J-V on its Elkhorn property in Montana. Apparently some folks from back east like the looks of the situation. Acquisition of a gold-silver prospect in Nevada is also under consideration. By the summer, the Company may be back into the Bacon Island gas prospect. Quite a few things underway for a C$0.10 stock! Dale

To: Robert McCullough who wrote (32)	4/15/1998 11:27:00 PM
From: Dale Schwartzenhauer	Respond to of 77

Discussions underway for new joint venture on the Elkhorn property in Montana. Some of the adjoining properties will likely change hands in the not too distant future and we expect MWR's Elkhorn to become part of the new group's holding. This should generate enough excitement to assist in completing financing for a drilling program in Guinea, and possibly for a gold/silver acquisition in Nevada. The story could really begin to heat up in earnest. Dale

To: Robert McCullough who wrote (32)	6/23/1998 9:52:00 PM
From: Dale Schwartzenhauer	Read Replies (1) \| Respond to of 77

Bob: the latest developments from the Elkhorn Gold District: $600,000 private placement completed Treminco Resources Ltd TMO Shares issued 10,508,197 Jun 17 close $0.50 Tue 23 Jun 98 News Release Mr. David Hottman reports Treminco has completed a private placement of one million shares at 60 cents for gross proceeds of $600,000. A portion of the private placement has been purchased by company insiders. A finder's fee is payable on a portion of the private placement to an arm's length party for those shares placed by the same. Proceeds of the financing will be used to complete a detailed due diligence review of the Elkhorn project which was recently optioned by the company from Newmont Gold Company and for general working capital purposes. The Elkhorn project is an advanced stage gold project on the southern end of the Elkhorn Mountains in Jefferson County, Montana. Over $12-million (U.S.) has been spent on the exploration and development of the property by a succession of related major mining companies including Gold Fields Mining Company and Santa Fe Pacific Gold Corp. Drawing from a resource of +500,000 ounces of gold at a cutoff of 0.10 opt Au, Treminco's analysis indicates that the Elkhorn project can be developed as a near-surface high grade underground mine similar to Pegasus Gold's nearby operating Diamond Hill mine. Analysis using an estimated diluted mineable reserve of 256,000 ounces (1.1 Mt at 0.240 opt Au, cut off grade 0.15 opt Au) and an underground study completed by H.A. Simons, suggests the Elkhorn project could support annual production of 45,000 ounces at a cash cost of approximately $200-$230 (U.S.) per ounce. This first phase of development will be expanded to accommodate reserve expansion from improving gold prices, operational optimization and exploration successes. The due diligence program will include confirmation drilling and audit, revision of reserves and mine plan, metallurgical audit and a review and update of environmental, permitting and community issues. In addition, the company will begin a comprehensive exploration plan to investigate untested drill targets and identify new areas of interest.