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Gold/Mining/Energy : Abnormal Volume and Block Trades -- Ignore unavailable to you. Want to Upgrade?

To: Essam Hamza who wrote (2260)	12/11/1997 3:42:00 PM
From: Kent C.	Respond to of 2340

12/11/97 - 14 Trades Time X Symbol Price Change Volume $Value Buyer Seller Marks Dec 11 12:06 V RIS 2.40 0.05 300000 720000 035 Canaccord 035 Canaccord T Dec 11 12:32 A MRZ.A 1.00 0.05 500000 500000 077 Peters 038 Golden Capit T Dec 11 11:39 V RGW 1.90 -0.25 130900 247000 016 Yorkton 016 Yorkton T Dec 11 10:27 V CFN 0.15 -0.01 1480200 222000 027 Deacon 027 Deacon A Dec 11 10:09 V KK 1.40 0.00 100000 140000 035 Canaccord 035 Canaccord T Dec 11 06:36 V CVL 0.93 -0.02 100000 93000 016 Yorkton 016 Yorkton GT Dec 11 08:00 A GLM 0.20 -0.01 384500 76800 086 Whalen, Beli 086 Whalen, Beli T Dec 11 12:32 V IP 0.15 -0.05 500000 75000 035 Canaccord 035 Canaccord A Dec 11 10:38 V UDM 0.33 0.02 200000 66000 010 Dominick 016 Yorkton T Dec 11 10:22 V CFN 0.15 -0.06 300000 45000 025 Midland 027 Deacon T Dec 11 09:12 V IPZ 0.25 0.00 125000 31250 012 Nesbitt 012 Nesbitt T Dec 11 08:37 V CIT 0.23 0.00 122000 28060 024 Jones Gable 052 McDermid T Dec 11 07:11 V MW 0.11 -0.03 147000 16170 016 Yorkton 018 Georgia Paci T Dec 11 10:10 V REW 0.09 0.00 150000 13500 035 Canaccord 012 Nesbitt T

To: Essam Hamza who wrote (2260)	12/27/1997 12:58:00 PM
From: Ice-Man	Read Replies (1) \| Respond to of 2340

Hey essam I came across a gold company in my travels on the net and I was wondering what some of the experts here thought of it. 13 million shares out currently at 30c. The convertable debentures are trading at $36.00 and where as high as $114 The reasons that William should double in a week or two are: (1) they raised approximately $60 million in the last sixty days-$43 million debt and $17 million equity; (2) market cap of $15 million is less than the value of their hedge position; (3) they are a 200,000 oz per year producer which is fully hedged for all of 1998 @ $370; (4) their market cap per oz of proven and probable reserves is approximately $5 and their market cap per oz of next year's production is about $75--these are by far the lowest I can find anywhere; (5) they have a guaranteed positive cash flow because of their hedge position and the $30 million of revenue from their wholly owned BLM consulting business (6)the stock was driven down to the $ .30 level by fund selling and shorting by investors who bought their convertible debentures and shorted the common. MOST IMPORTANTLY they have a well thought our survival plan should gold drop to the $225 level. here is the latest news... Trading Symbol TSE - WIM Trading Symbol Aust. Exchange - WLM.DA WILLIAM HITS RECORD GOLD PRODUCTION TORONTO, ONTARIO; William Resources Inc. ("William") production for the second quarter and first six months of 1997 were both at record levels. Continuing operational improvements at the mines lifted second quarter production to a record 54,416 ounces of gold compared to the first quarter of 47,391 oz. This brings William's first half 1997 production to 101,807 ounces. William's production in the comparable period a year earlier when the company was embarking on its aggressive acquisition program was a mere 10,050oz. Cash Costs have also shown significant improvements with the second quarter being down to US$278 per oz. produced. The resulting cash cost for the first six months is US$285 per ounce. PRODUCTION SUMMARY Production US$ Cash Cost ozs Second Quarter 1997 April - June 97 54,416 US$278 First Quarter 1997 Jan - Mar 97 47,391 US$292 Previous Quarters Oct- Dec 96 23,801 337 July-Sept 96 16,831 330 Apr-June 96 10,050 410 Jan- Mar 96 0 - Complete second quarter financial results will be announced by mid-August, 1997. WILLIAM expects to announce net positive cash flow after all expenses including interest expenses. More then 95% of the Company's 1997 production is hedged at an average of US$374 per ounce, and most of 1998 production is hedged at US$372 oz.. WILLIAM is an intermediate gold mining company listed on The Toronto Stock Exchange and Australian Stock Exchange (symbols TSE: WIM, ASX: WLM) with operations in Europe (Bj”rkdal in Sweden and Pahtavaara in Finland), the Jacobina Mine in Brazil, and Rustler's Roost and Ballarat in Australia. Bj”rkdal is Europe's largest gold mine. WILLIAM also provides engineering and contracting services to the international mining industry through the BLM Service Group. In 1997, WILLIAM is scheduled to produce over 225,000 ounces of gold at a cash cost of US$266 per ounce. Contact:Stan Bharti, President or George Faught, Vice President, Finance Telephone: (416) 861-9500Fax: (416) 861-8165