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

To: Jim Andrews who wrote (559)	1/31/1999 4:01:00 PM
From: Joe King	Respond to of 637

This e-mail was from Orly on 1/7/99. Among everybody, we are the most frustrated about not getting the test results from Ashton. As you knoow, we have been asking them for these a long time. Out of the samples we sent, so far we have only received results from Kassama Hole No. 1 and Cirque drill hole. We still have to receive those from Kassama Holes 2 and 3, and the five new pipes. Obviously, our JV with Ashton is getting to be too sour to bear and I am trying to do something about it so that we can progress at Kenieba. I am currently negotiating with three different parties for the funds needed to bring our Niaouleni gold project into production. Depending on what we finally arrive at, as well as the amount, the investor can recover his investment either through (1) getting a percentage of the gold metal produced; (2) receiving a percentage of the proceeds from the sale of the gold; (3) getting shares of the company at $0.15/share - the lowest allowable by the VSE -- or any combination of the foregoing. Rest assured we will make the best deal we can for the project, our Company and shareholders. We are not active in the field for now. Our various equipment are intact in our two camps -- thanks to our crew, who stored them in a very professional manner. We have standing offers from service companies (a drilling outfit and some geophysical consultants) to lease our equipment. Frankly, I prefer that Mink uses the equipment for its own purposes rather than for others. However, now that we are in a survival mode, we will not close any doors that would allow us to generate funds. There are some 18,125,000 shares outstanding. The Company owes me close to $300,000 in cash and none of this amount has been converted into shares. Only heaven knows what the future holds for Mink in 1999. We are helping heaven as much as we can, though, with the hope that our Company's future can be brighter for its shareholders. Best regards Orly

To: Jim Andrews who wrote (559)	1/31/1999 8:50:00 PM
From: J.E.Currie	Read Replies (1) \| Respond to of 637

Mr. Andrews, Why do I have the feeling that you were very successful in the used car business. I suspect the reason you and Orly worked together is that in spite of your attempt to convince otherwise, your birds of a feather. Your last attempt to hype Cer.v leaves much to be desired, and your suggestion that a strong move is just two weeks away is months old. Additionally, you must tell all the threads that you are a P/R person. Also the volume in this stock over the last two months shows almost zero accumulation, in fact almost zero buying in the move down. Jim, this is the Internet, as I told you five years ago. You just can't BS without being uncovered. Good luck in your new job. Jec