Gold/Mining/Energy : Coleville Resources - CLL

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To: j bell who wrote (602)12/6/1996 7:21:00 PM
From: John Veltheer   of 3058
CLL shareholders,

It looks like you've all been had (like I stated several months ago). You waited three months for a release of a couple of 50-year old assays on a few rocks found in a field somewhere in Indonesia.

Then the "POWER-PLAYER" Bruce MacDonald walks away from the deal. Do you think he scalped any money from the market on CLL stock?

Do you think Mr. MacDonald has any paper left?

CLL has not done a financing thus they are unlikely to do any drilling in the near future. I doubt they have any money in the bank.

For those of you who were disappointed because the news release didn't "calculate a reserve": read up on some stocks that have reserves. They drill holes, lots of holes, they do work and then they calculate reserves.

CLL will continue to slide back to where it came from: 6 cents.

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