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Gold/Mining/Energy : RIOSUN--TRIPLED SINCE DEC 1st -- Ignore unavailable to you. Want to Upgrade?

To: kevin aseltine who wrote (134)	1/12/1998 9:40:00 PM
From: Jeff Hackett	Respond to of 208

Hi Kevin! How're things. Doing any shopping during the recent bloodbath in the markets. I'm spending my time on other stocks these days. - I think you comment's are on the mark here. - With such low volume it doesn't look like anythings happening other than a bit of "hype". Furthermore, I've heard that there's another mining outfit in Madagascar right now actually operating the same type of properties. I've sold this one off as one of my losers for last year and I won't be buying into anything else I hear on this one until I see some decent, verified production figures. So I wont be holding my breath until then.

To: kevin aseltine who wrote (134)	2/4/1998 4:04:00 PM
From: Jeff Hackett	Read Replies (1) \| Respond to of 208

What do you make of the recent announcements? Do these guys know how to make a stock move or what?????......apparently not. There's not even a description of how an oil/gas-focused director is going to help the Company or add shareholder value. However, there is enough information to give us the impression that he may be somewhat busy doing his thing for some other non-related companies (at least 4 according to the info.) rather than focusing on what needs doing at Riosun. Provided of course that he doesn't cash-in his options right away and disappear like some of the previous directors..... Then again, maybe we're changing focus again (remember the China gold) and there's a great oil and gas play on the famous properties that to date don't seem to have produced so much as a nickel for the Company. Please excuse my sarcasm but surely there has to be some good news!!!??? This just seems to further dilute the value of our holdings. Well I'm sure there'll be a few things that the small shareholder wants to say at the AGM this year. I'll bet they move the venue to Madagascar to avoid us all. ---------------------------------- FOR: RIOSUN RESOURCES CORPORATION VSE SYMBOL: RSR FEBRUARY 3, 1998 Riosun Resources Corporation Company Announcement CALGARY, ALBERTA--The Company wishes to announce that the Board of Directors has approved the stock options in the amount of 546,017, at a price of $0.38, subject to the approval of the Vancouver Stock Exchange. 200,000 of these options are designated for Mr. Don Copeland, who was recently appointed to the Board. The remaining options will be placed in a Stock Option Plan, which will be submitted to the Vancouver Stock Exchange for approval. FOR: RIOSUN RESOURCES CORPORATION VSE SYMBOL: RSR JANUARY 30, 1998 Riosun Resources Appoints Don D. Copeland to Board CALGARY, ALBERTA--The Company is pleased to announce the appointment and acceptance of Mr. Don D. Copeland P. Eng., to the Board of Directors effective immediately. Mr. Copeland is President and Co-founder of Codeco Consulting (1994) Inc. He has directed and managed the growth of Codeco to its present levels, which sees the firm as one of the most dominant and well respected consulting engineering services in the oil and gas industry. Mr. Copeland currently serves on the boards of two Toronto Stock Exchange listed oil and gas companies, and two Alberta Stock Exchange listed oil and gas service companies.