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Gold/Mining/Energy : Exall Resources/Glimmer Resources -- Ignore unavailable to you. Want to Upgrade?

To: Winzer who wrote (544)	4/5/1998 10:54:00 PM
From: g.b.88	Read Replies (1) \| Respond to of 1319

Winzer Nice summary. On top of all the positives that you have mentioned, I have one more: GME & EXL's share prices are sufferring as a result of the never ending hearings and lack of investor awareness on the two co's. The latter fact should be a positive to investors such as ourselves because it is relative to finding two diamonds in the rough that have yet to be fully discovered. When the investing public realizes the potential that the Glimmer mine has: 600k ounces of resources (and is always increasing) cash costs of approx. $220/ounce on a mine that is presently producing and requires no forseeable additional capital costs the mine is in Ontario - very politically stable recoveries are in the 92 to 94% range *co's have had excellent exploration success and figures to have more In my opinion EXL is worth at least $1.00 a share & GME at least $3.00 It's only a matter of time. Therefore, the fact that we can get in now at bargain basement prices is a great positive!! Regards, GB