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Gold/Mining/Energy : Safe Environment (SFU.AL) - was Roper Resources -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (199)	6/4/1998 4:43:00 PM
From: Lal	Respond to of 635

Hi Been following this for some time and just to let you all know I called the company today (about 10 minutes ago) and the story sounded much the same. Very positive news on the way, putting the finishing touches on a new business plan for submission to the Exchange, expect to begin trading middle of next week...sounded very upbeat - we shall have to wait and see. Larry (in London)

To: Jim Bishop who wrote (199)	6/5/1998 1:17:00 PM
From: Abbeydale	Read Replies (1) \| Respond to of 635

Subject: Stockwatch: Roper Resources Inc - Company Review Date: Fri, 05 Jun 1998 10:03:28 -0700 From: newsout@canada-stockwatch.com First quarter review Roper Resources Inc RRN Shares issued 13,484,300 May 29 close $0.42 Fri 5 Jun 98 Company Review Mr. Richard Watson reviews the company In anticipation of improved silver prices the company began the first quarter of the year by commencing a review of geological and diamond drilling data generated from previous exploration work conducted on the its 50 percent owned Red Elephant prospect and the nearby Abbott property on which the company had been granted an extension of its option to earn a 50 per cent interest. As silver prices improved throughout the quarter initial financing of the work program was arranged. Actual work on the property is expected to commence early in the third quarter. The company and its partners propose to recommence a program of diamond drilling, underground development and exploration as well as test milling. During the quarter the company arranged a five year $100,000 (U.S.) convertible debenture. The interest rate is 8 per cent and funds are designated to be used as working capital. Late in the quarter an opportunity presented itself to the company that relates to the mining industry insofar as mining operations and sites are generally considered to be hazardous workplace environments. In view of the well-known and publicized hazards in mining workplaces the company recognized a new technology that had recently been developed within the aircraft and defense industries. It is the view of the company that the market possibilities for application of the technology within the mining industry in Canada are immense. Thus the company commenced negotiations to form a relationship with Safe Environment Engineering, a California based developer and manufacturer of the unique patented communications system. The communication system of Safe Environment integrates wireless telemetry to transmit continuous multiple streams of information, including voice transmission. The company uses its technology in its Life line systems, which, in one version, enables monitoring of entrants into confined spaces or hazardous locations and, in other configuration, monitors security personnel on patrol rounds. The company believes these products to have wide application in the mining, forestry and petrochemical industries and intends to assist Safe environment in the joint development of these markets, which in Canada are large. It is anticipated that definitive agreements will be reached by the company and Safe Environment Engineering by the end of the second quarter. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com