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Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto) -- Ignore unavailable to you. Want to Upgrade?

To: Michael Markham who wrote (122)	12/18/1997 11:25:00 AM
From: Robert Swaita	Respond to of 350

Hi Michael, I could not agree with you more! Considering that many gold companies have went bankrupt because of the pog recently, WRM is playing its cards right. I am very impressed with the strategy WRM has taken in effectively adjusting to this very volatile industry. And I could honestly say, if I had the money, I to would buy more WRM. In these last couple of years I feel that management has proven themselves competent considering all the stuff that has been thrown at them. This recent news release I found very encouraging because it demonstrated two very important factors that I look for before investing into a company: 1. Strong Balance Sheet, and more importantly cash in the till, and 2. Strong and competent management team. Heres to a great 1998, Merry Christmas and Happy New Year to all, Robert Swaita

To: Michael Markham who wrote (122)	12/18/1997 7:42:00 PM
From: Steve Johnston	Respond to of 350

Thank you, Mike, I already had it FAXed to my office. Smart move, indeed. You might recall I posted this suggestion on the WRM thread some time ago. I still think your target is too aggressive, even at a POG of $350, unless they can prove up more reserves. Nevertheless, I am tempted to buy more myself. Check out GLJ on Alberta. It is a good "backdoor" into Wheaton, as their principle assets are shares in WRM. Regards.