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

To: Proletariat who wrote (144)	1/15/1999 12:58:00 AM
From: B Hamilton	Read Replies (2) \| Respond to of 161

Yes I did Please read the following.... This was in response to my suggestion that the share holders be given a dividend of .01/share. ******************************************************************** Dear Mr. Hamilton, You must also not be aware that Mr. Rozier has not taken a salary out of Chase Resources for the past two years and Mr. Callahan (CFO)has been staying out in the Philippines for the past year trying to maintain the properties and managing to negotiate the settlement for no salary either. We have also had to lay off staff and given the remainder drastic paycuts. I would hazard a guess that you take a pay cheque for the job you do. Mr. Rozier has over 2 million shares in the Company making him the single largest shareholder. Most people would see the time and money he has put into the Company as a commitment. The newspaper will tell you what is going in Indonesia - the currency remains a major concern, the government remains uncertain and foreign investment has run the other way. Gold and copper prices are at an all time low which only exacerbates the situation. We have been trying find a product that the industry would deem financeable thereby enhancing shareholder value and so we continue. We trust we will not have to wait to much longer. Barbara Dunfield