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

To: James N. Wilson who wrote (718)	11/26/1998 1:41:00 PM
From: Winzer	Read Replies (1) \| Respond to of 1319

James, Looking at/for the reasons for the recent "strength" of EXL & GME. In the latest NM there are two PR's. One on Exall and the other on SAS Highlights the Exall one are already known form EXL's last PR announcing the latest results. The NM highlights on EXL include: 1) Eye Catching Title "EXALL SHINES IN THIRD QUARTER" 2) "enjoyed a profitable third quarter 3) "the turnaround is attributable output ..." 4) "company on track for meeting 65,000 target" The NM highlights on SAS wrt the Glimmer site (EXl/GME) play. " SAS attributes the improvement (in their costs) to higher throughput, lower milling costs and bonuses related to gold recovery rates at its Stock mill near Matheson, Ontario. The company processed 81,749 tonnes in the recent quarter - 18,375 tonnes more than a year ago - while maintaining recovery rates at 96.3% (WOW!) SAS has expanded the Stock operation to 1,200 tonnes per day, and the increased throughput is expected to lower future unit costs by 10%. Additional improvements are planned, including the installation of a primary jaw crusher". And in other "News", What better place to find investment ideas than the "Want Ads" and I thought that this one had too many matches to not be deserving of a comment. This is THE key position in any mining operation. The fact that Mine Super is being sought at this time suggests that day to day operations by an on-site (full-time) professional are under serious consideration. The captain of a ship should be on the bridge not down in the engine room!!(Winzer original) and this happens more time than we care to know because GM's know mining and are reluctant to let old (extremely successful) habits die. <Advertisment> Mine Superintendent for Underground Gold Mine Reporting to the Mine Manager, the Mine Superintendent will be responsible for the operations of underground mining including: production, planning, design, and scheduling of all personnel and equipment strategies. The incumbent will be accountable for minimizing work related injuries and for operating budgets, capital and production targets to ensure the highest productivity possible while meeting safety and environmental targets. This position has potential for relatively quick progression to the General Manager level. Reporting to the position are three mine crews. Duties include active leadership of all mining operations and maintenance activities, safe conduct of all mining activities and improvement of safety systems as necessary, coordination of mine development, fill and production schedules and budgets, performance to budget costs against actual costs and the initiation of corrective action as required. The ideal candidate will be a hands-on individual able to work with experienced miners. The incumbent will meet budgets and development schedules on time, be safety conscious, knowledgeable in various mining methods and systems and able to work effectively in a small company organization. A degree in Mining Engineering, Geology or equivalent (B.Eng. or B.Sc.) with 10+ years experience in underground operations is preferred, especially gold mining in mechanized, long hole/blast hole operations. The incumbent could come from a contracting background with experience in mine development and construction. Please send resumes to the attention of Russ Buckland and quote the reference number 1506. Resumes may be faxed to 416-963-9998 emailed to mining@bedfordgroup.com Or mailed to The Bedford House, 60 Bedford Rd., Toronto, ON M5R 2K2 url www.bedfordgroup.com/mining/ I wonder which news is having a positive result on the play? Is it the NM articles (PR's), the Job Advert or just the fact that POSITIVE earnings have started to flow in and they have NOT started STOPING yet! Get you applications for Mine Superintendent in boys (and girls). Comments? Winzer