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Gold/Mining/Energy : 1 Million oz. and up. -- Ignore unavailable to you. Want to Upgrade?

To: Roy Birk who wrote (31)	1/17/1998 2:44:00 PM
From: Robert Dydo	Respond to of 144

Hello Roy. The company is meeting the criteria for cash, price and shares. I cannot confirm your optimism about their Indonesian property. The last note I found is talking about some 200K of gold. This is still inferred calculation which was partially supported by 1,600m drilling(as gold presence not resource). The latest news talks about soil sampling and we all know what significance they have. Unless there is more which I am not aware there is no support for 1M oz. Glamis is a partner on this property as 20%option holder versus 80%PVF's. They have not increased their option but they did not drop the project either so heads up. Other sweets in the basket are the plus but cannot help with parameters. The cash situation is excellent. Regards Robert