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