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Gold/Mining/Energy : Fairmile Gold -- Ignore unavailable to you. Want to Upgrade?

To: Douglas Simpson who wrote (3422)	2/1/1998 6:18:00 PM
From: Rick Westfall	Read Replies (1) \| Respond to of 4057

There is no point in visiting this site until something happens or there is something going on with Fairmile. The stock price seems to have found it's bottom and we won't see any change until there is a major change in the price of gold or if Fairmile discovers something major like maybe enough reserves to attract a real major player. Roman like many of the other "gals" have gone off to other plays but I suspect he still has his shares and is waiting like the rest of us. I wonder how many of the orginal Buffalo gals still have their shares? Rick (Texas) 50,000 shares - down 92%-still holding.

To: Douglas Simpson who wrote (3422)	2/2/1998 7:46:00 PM
From: Steve Stakiw	Read Replies (3) \| Respond to of 4057

4.6 million share private placement proposed FAIRMILE GOLD CORPORATION Telephone: (604) 257-4262 or 1-888-599-6777 Toll Free Fax: (604) 683-2540 ASE: FLA NASDAQ Bulletin: FAMQF February 2, 1998 Fairmile Gold Corporation gives notice that pursuant to The Alberta Stock Exchange's Circular No. 6, at Section 1.2, it will be making application to The Alberta Stock Exchange seeking price protection to effect private placements of up to 4,671,419 common shares at a price of $0.165 per share. This price was determined by reference to the trading prices of the Corporation's common shares on The Alberta Stock Exchange less the permissible discount. No investment dealer, broker or agent will be participating in the placements. The proposed placements will be at arm's length. The proposed placements are subject to regulatory approval and the Corporation will have 14 days after the issuance of this Press Release to submit its application to The Alberta Stock Exchange. For further information please contact the undersigned at (561)750-8685 or Investor Relations toll-free at 888-599-6777. (signed)"Thomas R. Kelly" Thomas R. Kelly, President The Alberta Stock Exchange has neither approved nor disapproved the information contained herein.

To: Douglas Simpson who wrote (3422)	2/3/1998 1:04:00 PM
From: Douglas Simpson	Read Replies (2) \| Respond to of 4057

To Anyone and Steve I believe that this is good news however there are some things I do not understand. 1. Why did they set the price at .165 cents instead of .50 cents? Do they not believe that this company is undervalued, because that is what I have been told for a long, long time? 2. Who will be getting the shares? 3. Does the company have new plans for promotion? How, when, where and what? 4. What are the drilling plans now that they have this placement? Have they changed? 5. What does "No investment dealer, broker or agent will be participating in the placements. The proposed placements will be at arm's length." mean exactly? Thanks Dug