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

To: paul s. who wrote (44)	12/11/1997 3:50:00 AM
From: Dale Schwartzenhauer	Respond to of 77

Paul: an island-bottom is a chart formation that occurs with a final gap down and a gap back up from the bottom. This isolates the trades at the bottom so they're alone from any others. A similar occurance can take place at a market top. Financing discussions are still underway but would likely occur at C$0.15; probably up to one million shares, or an additional 10% dilution will occur. We expect some finalization within a week or so. Meanwhile, the stock is thin on the offer and well bid. Continuing strength in precious metals should boost demand for the shares. Best regards, Dale

To: paul s. who wrote (44)	12/12/1997 3:54:00 PM
From: Dale Schwartzenhauer	Read Replies (1) \| Respond to of 77

Now getting some accumulation of strength on the bid side. Not much trading there and the offer is still distant, so negotiations continue on financing. One with cash could write themselves into the deal here, complete with warrants for additional shares. Contact me if interested. Dale

To: paul s. who wrote (44)	1/29/1998 5:04:00 PM
From: Dale Schwartzenhauer	Respond to of 77

Paul: MWR continues to trade, sparsely, but cheaply as financing discussions continue. It's likely that the stock will hang between $0.08 & $0.12 until financing is completed. It may take some patience to hold the stock here, but it should be well rewarded. The stock is thin enough that when the fundamentals turn positive, the stock could easily move to $0.30 - $0.40 without taking a breather. Also, if you're a Yank (as we are), the exchange rate is very favorable these days for buying such issues. At least one add'l gold property is in the works, and possibly another gold and one silver property too. Added to the existing Elkhorn (270,000 ozs AU resource indicated) with large potential to increase reserves, and a natural gas play in California that is far from over makes this stock hard to pass up in this $0.10 area. So, just some food for thought. For purposes of fair disclosure, we have over 100,000 shares plus warrants and options, for a current potential total of 170,000 shares. We intend to increase that position as opportunities warrant. But we're willing to share what trades at these prices to make some new friends. Best regards, Dale

To: paul s. who wrote (44)	4/7/1998 1:37:00 AM
From: Dale Schwartzenhauer	Respond to of 77

Paul: finally something is underway. MWR recently received back its 50% interest in a gold prospect in Guinea, with quite a bit of work included. A recent report on the 481 sq km prospect indicates that rock samples on surface ran up to about 0.1 oz gold while soil samples were commonly 300-600 ppb over an area of 3.2 sq km. In view of the encouraging results, preparation is underway to let a drilling contract, simultaneous with an announcement of financing. I'm told the potential in these "greenstone" gold belts is often in the millions of ounces. Characteristics are similar to nearby mines in Ghana. So this could start to heat up in a hurry. Prices are still low so time is of the essence. Best regards, Dale