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Gold/Mining/Energy : Fairmile Gold -- Ignore unavailable to you. Want to Upgrade?


To: Steve Stakiw who wrote (3810)1/7/1999 11:12:00 PM
From: Douglas Simpson  Read Replies (1) | Respond to of 4057
 
Steve
The Company's previous auditor's PriceWaterhouseCoopers (PWC) resigned November 2, 1998 without prior notice or any apparent reason in the midst of the annual audit resulting in the Company's shares being cease traded by the ASE for failure to file the Financial Statements on time. The Company is concerned with the impact in the investment community and on its shareholders - as well as the regulatory authorities - with the action taken by PWC.

The Company's board has referred the matter to legal counsel and will take whatever action is deemed appropriate in the circumstances


Steve
Could you elabourate on the above.

1. What kind of action is deemed appropriate?

2. What does FLA hope to gain by doing this action?

3. If FLA wins what would it mean to the company?

4. How does it translate into shareholder value?

5. When will we know the actual details to this situation?

Also

6. Could you or Tom Kelly comment on the share value of 4 cents knowing that there are a large portion of shareholders who have been loyal to FLA for 3 years and have purchased at the plus 2 dollar value?

4 cents hurts big time. Ouch. Ouch. OUch.

Thanks in advance

Doug



To: Steve Stakiw who wrote (3810)1/15/1999 2:58:00 PM
From: Douglas Simpson  Read Replies (1) | Respond to of 4057
 
Steve

Will the website be updated. I think it should be scrapped.

I learned a a lesson that is worth thousands of dollars.

Everything is fine right up to the day the company goes under.

Cya.



To: Steve Stakiw who wrote (3810)1/16/1999 12:31:00 PM
From: Dusty  Respond to of 4057
 
To Steve and All,

The Company's previous auditor's PriceWaterhouseCoopers
(PWC) resigned November 2, 1998 without prior notice or any
apparent reason in the midst of the annual audit resulting in the
Company's shares being cease traded by the ASE for failure to file
the Financial Statements on time. The Company is concerned with
the impact in the investment community and on its shareholders - as well as the regulatory authorities - with the action taken by PWC.

If the company was not aware in advance of PriceWaterhoueCoopers intent to abandon them, I would think that we could all own a piece of the same. They could be sued!

Something don't add up here...

Dusty



To: Steve Stakiw who wrote (3810)1/18/1999 11:56:00 AM
From: Steve Stakiw  Read Replies (1) | Respond to of 4057
 
Fairmile Appoints New President And Reduces Overhead

FAIRMILE GOLD CORPORATION

January 18, 1999
ASE: FLA

Fairmile Appoints New President And Reduces Overhead

Vancouver, BC - The Directors of Fairmile Gold Corporation (Fairmile, ASE: FLA) have appointed Joseph Anthony Kizis, Jr. President and Chief Executive Officer of the Corporation. Mr. Kizis replaces Thomas R. Kelly, who has resigned to pursue other interests. Mr. Kelly will remain a Director of the Corporation. The Corporation also announces effective immediately a 15% reduction in salary and consulting rates for the Corporations employees and principal consultants, and the reduction or elimination of certain overhead expenses. These reductions are deemed necessary considering the currently depressed market conditions in the gold industry.

Mr. Kizis is an economic geologist with Bachelors and Masters degrees in Geology, and has been involved with the Corporation since 1995. He has been Vice-President of Exploration and a Director since March of 1996. Under Mr. Kizis' guidance, Fairmile has increased the resource at its wholly owned Buffalo Valley Project from approximately 45,000 ounces of gold to +600,000 ounces of gold (20,664,503 tons averaging 0.029 oz. Au/ton). Mr. Kizis was also responsible for acquiring the Highland project, a bonanza-type epithermal gold prospect. Both prospects are located in Nevada.

The Corporation continues to seek joint-venture partners for its Buffalo Valley and Highland Projects, and continues to evaluate new opportunities. For further information visit Fairmile's Web Site at fairmile.com or contact Investor Relations at 1-888-599-6777.

"J. Michael Mackey"
J. Michael Mackey, Chairman

The Alberta Stock Exchange has neither approved nor disapproved the information contained herein.

Telephone: 1-888-599-6777 Toll Free
Fax: (604) 608-2949



To: Steve Stakiw who wrote (3810)2/27/1999 12:15:00 PM
From: Douglas Simpson  Respond to of 4057
 
Steve, when will you posts the detailed minutes and of course the people in attendance of the AGM?

By the way was I mentioned as a PITA?