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To: Brad Morris who wrote (95)	6/26/1998 12:08:00 PM
From: Daniel Miller	Respond to of 906

I will call them now. will be back soon. Casmyn Corp. Of Colorado Files SEC FORM 8K WASHINGTON, DC, May. 27, 1998 (States) -- ITEM 5: Casmyn Corp. has received sufficient votes from holders of theCompany's Convertible Preferred Stock to approve the restructuring proposal announced on May 5, 1998 which would establish a fixed conversion price of $0.04 per Common Share, grant the Preferred Holders voting rights on an as converted basis subject to approval by the Company's Common Shareholders and permit the Company to redeem the Preferred Stock at specified prices. The Company also received a letter from NASDAQ stating that the Company's Common Stock will be delisted from the NASDAQ SmallCap Market effective with the close of business on May 25, 1998.

To: Brad Morris who wrote (95)	6/26/1998 12:24:00 PM
From: Daniel Miller	Read Replies (1) \| Respond to of 906

I called, they have a machine there with some good information. (604) 601-5215. Call and listen. They were supposed to get delisted from Nasdaq in May but they are appeiling. If they are delisted they will buy back all their shares. I think that means the bid price will go up?

To: Brad Morris who wrote (95)	6/26/1998 12:47:00 PM
From: Boob	Read Replies (2) \| Respond to of 906

NO WAY!!!!!!!!!! STAY AWAY FROM THIS ONE BOOB

To: Brad Morris who wrote (95)	6/26/1998 1:21:00 PM
From: Wayne Rumball	Read Replies (1) \| Respond to of 906

Here's a summary from YAHOO board; Very briefly: 1. In early 1997 CMYN had about 13 million common shares outstanding...no preferred. Amyn Dahya and his extended family owned about 4.6 million of above. Stock price = $7-9. 2. CMYN needed $$$ to expand capacity of Zimbabwe Au mines, primarily Turk Mine. 3. Au price went to hell, junior gold cos. couldn't raise $$$, (Bre-X had just happened). 4. CMYN went for the conv. pref. deal and raised about $30 million.....not understanding "death spiral" conv. prefs. (did anyone at that time???). Who could imagine a drop from $9 to 1/64 because of stock dilution. 5. CORRECTION: Amyn did not GO ALONG with dilution (we don't know of any hostile takeover, do we???), he was blindsided by the dilution from the conv. pref. (as far as anyone knows, he and family own only COMMON STOCK). Finally, to your question #2....there is no done deal....not yet. Amyn is still the CEO, the conv. prefs. are still out about $25 million, but as of today, they do not have one stinking vote in CMYN (unless they are also holding common). CMYN had 13 million common shares in early 1997, currently there are about 140-180 million outstanding (who knows, who cares, who's counting???). Company can only issue at total of 300 million unless shareholders vote to increase the float. To convert all remaining conv. pref. to common at a conversion price of 1/32-1/64 would have to put the total CMYN common float well in excess of ONE BILLION SHARES!!!.....jm