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


To: James N. Wilson who wrote (841)2/18/1999 11:21:00 AM
From: Winzer  Respond to of 1319
 
James,

Talking about strategic investments. Look who stands to make a few bucks on the Barrick take over of Sutton announced earlier today:

<<From Canada Stockwatch>>

All roles for McCloskey Richard Duncan

Glimmer Resources Inc
became a director of Co 9701

Jalna Mining Corp
bought a private placement in Co 9312

Lassie Red Lake Gold Mines Ltd
became a director of Co 8806

Matachewan Consolidated Mines Ltd (NOTE: Owns 43% of GME)
became a director of Co 7506
became a creditor of Co 9101
was disclosed as holding an option on shares of Co 9612
became a former creditor of Co 9702
received shares for debt 9702
was disclosed as a shareholder of Co 9807

McChip Resources Inc
became a director of Co 7506
was disclosed as a shareholder of Co 9206
was disclosed as holding an option on shares of Co 9712

Silvermaque Mining Ltd
is a director of Co

Silverside Resources Inc
is a former director of Co

Sutton Resources Ltd
became a director of Co 8805
was disclosed as holding an option on shares of Co 9601

I wonder if he (RM) would get enough from his options to buy out Exall? There is also a "Roman" that is on the board of Sutton. I don't think that it is any relation to SBR; but, I could be wrong, the mining community is a small one.

So RM, and hopefully GME, would now have the "ear" of ABX management. Which side of this fence (EXL/GME) would you rather be on? And what was that tune Mr. Munk was heard singing in the shower this morning, (ANSWER: "Don't come crying to me Argentina). LOL.

Anyway, my point being, that low cost producers are ALWAYS in demand. And especially high quality (and North American based) ones. Because if you want a clinic on political risk, read the story on the Gold Price Monitor this AM regarding gold pirates in Africa stealing from Ashanti (location - not company) 10 boxes being shipped to the capital city.

So go long ladies and gentlemen; once the 2.1 mln are proved up in 2 to 3 years there are enough majors out there that will be more than willing to snap up a situation such as Glimmer. That is, of course, contingent on if they can resolve the litigation by then (LOL). I am only young; but woke up one night recently because I dreamt that I was on TV. I was on a park bench reading a newspaper, looking as old as Artie Johnson of Laugh-in fame, making it about 30 years in the future. The headline on the newspaper read, "EXL/GME still in Litigation - searching for referee to tell them that the operation was closed 10 years ago". (LOL). PLUS, to add insult to injury, my wife said, "shut up and go back to bed, you should have bought the snake oil franchise that my uncle was trying to sell you in 1997" LOL.

Winzer



To: James N. Wilson who wrote (841)2/18/1999 2:45:00 PM
From: Winzer  Read Replies (1) | Respond to of 1319
 
James (and others),

Keeping on the humour theme, it was interesting to say the least, to see the type of hype (under the guise of insider information) being put out on SI wrt GME. I know that I'm positive and long; but these guys are suggesting the middle of February (the 14 was on Sunday guys).

To get a glimpse of these predictions, type in GME in the search window in text mode. One is confusing the Australian GME with the Vancouver listed GME. One, and I like this one, is begging to be trusted on a call for $20. I gotta admit I like this target, I know my wife will send him a box of her prized Lady Titlests if/when it gets even half way there. I was going to post the links to some of them; but do your own DD is the buzz word and call up the companies.

Winzer