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Gold/Mining/Energy : GENTRY RESOURCES LTD. (GNY.B - TSE) -- Ignore unavailable to you. Want to Upgrade?

To: virginijus poshkus who wrote (248)	4/29/1998 2:53:00 PM
From: Pete Mimmack	Read Replies (1) \| Respond to of 601

Hi vargas - I'll try to give him a call Friday or Monday to see what's up. The first question will be, "Have you forgotten how to type?" ;-) Pete

To: virginijus poshkus who wrote (248)	4/30/1998 4:32:00 PM
From: Bob Vukovich	Read Replies (1) \| Respond to of 601

Hello Vargas: Give me a call Vargas. Momentum in the oil patch in general is gone due to price falls from $22 to $15. I just got back today from Europe. Gentry's story is receiving a very warm welcome. I can explain my viewpoints on any issues you have. Please give me a call at 888 876 7197 toll free. I will leave you to ponder this statement. Last year at this time Gentry had approx. 475 boe/d production locally and limited international exposure. As of today we are producing ~730 boe/d and expected to exit 98 above 1000 boe/d. We have increased reserves by 50% without significant purchases, thus real exploration results. Gentry's reserves were added at a average cost of $2.45/boe in 1997, which are significantly below industry average. We have established and are continuing to establish an excellent long life production portfolio locally in Canada, circa 11.2 year reserve life index. And Gentry has partnered internationally with excellent proven operators on 5 large offshore/onshore blocks to explore highly prospective oil/gas targets in Gabon, Ivory Coast, and Australia. This gives our shareholders huge leverage. Last year we acquired these prospects, this year we will continue to add to our international portfolio of properties and also begin to prove them through drilling. Momentum players should be back as international drilling dates get closer. Thank you for your interest, Bob Vukovich Manager of Investor Relations Gentry Resources Ltd.