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Gold/Mining/Energy : Whitegold Resources Corp (WGO) Asset Rich, by any measure -- Ignore unavailable to you. Want to Upgrade?

To: Mikey who wrote (284)	3/3/1998 6:45:00 PM
From: robwin	Read Replies (1) \| Respond to of 378

Hi Mikey, I have had numerous discussions with managment of the Company and generally support their long-term strategies. In order to complete the feasibility study and to continue with development of the resource, sigificant capital outlays are required and will be required in the future. To my knowledge, management has sold options and stock at virtually no profit and in some cases at a loss, in order to provide much needed capital for the feasiblity study and other ongoing costs to bring us closer to production and to create interest with other strategic partners and customers. Insider reports indicate that management has sold stock sparingly during the recent few months. More importantly,the major shareholders of the Company are not management but rather are substantial North American and European investors who are NOT selling. IHMO, the next twelve months are critical for the Company's marketing, development and production of the resource, which exists in great abundance and quality. RT