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Gold/Mining/Energy : LAYFIELD RESSOURCES (LAY-VSE) -- Ignore unavailable to you. Want to Upgrade?

To: Fiducie who wrote (497)	6/3/1999 1:24:00 PM
From: hedger	Read Replies (1) \| Respond to of 528

update from cliff eschner re e-mail......... 1. look for nr and progress reports in upcoming months re botswana and mexico. 2. lots of promise in molopo says mgt. 3. current cash pos. ok for current projects. 4. still holding saf shs subject to agreements lay has with saf. will continue to hold their options on the properties. 5. in discussion with possible jv partners on molopo now. 6. lay is managed by long term mgt strategy that will add value to the shareholders. thanks to cliff for e-mailing myself and i hope this helps others involved with lay..........