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   Gold/Mining/EnergyANATOLIA MINERALS CORP...AMCD.U/CDN


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To: The Osprey who wrote (19)5/26/1998 9:29:00 PM
From: Rocket Red
   of 39
 
If i read correct theres .40c on the table for the taking

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To: Rocket Red who wrote (20)5/27/1998 8:33:00 AM
From: The Osprey
   of 39
 
Red,
Last traded at .45 and shares to be purchased in July at .85 US?Price is moving upwards from here IMHO.Will keep an eye on it for sure.

Regards
Osprey

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To: The Osprey who wrote (21)5/27/1998 8:42:00 AM
From: Rocket Red
   of 39
 
The way i see it its a gift of .40c US I Can't resit i will buy more

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To: Rocket Red who wrote (22)5/28/1998 12:38:00 AM
From: Mr Metals
   of 39
 
EXCELLENT NEWS

Anatolia Minerals Development Ltd

Joint venture with Rio Algom

Anatolia Minerals Development Ltd AMCD.U
Shares issued 14,700,000 May 26 close $0.45
Wed 27 May 98

Anatolia Minerals Development Limited (AMDC) is pleased to announce the
signing of a definitive Letter Agreement with Rio Algom Limited (Rio) for
joint exploration of base and precious metal prospects in Turkey. A
comprehensive Formal Agreement is expected to be executed by mid-July.

Under the Agreement, Rio will purchase 1,764,706 common shares of AMDC at a
price of US$0.85/share (US$1.5 million total). Of this, US$1,000,000 will
be directed at further exploration of AMDC's 'Yenipazar' and 'Armutbeli'
prospects over an 18-month period; US$500,000 will go into AMDC's general
funds. Rio may buy up to US$2.5 million more of AMDC shares at a 10%
discount to the then 10-day market price to further fund exploration and
extend the pre-earn-in period by an additional 12 months. In addition, Rio
will have a right of first refusal on other AMDC properties during the same
18 to 30 month period.

Rio must spend an additional US$10 million per property to earn a 60%
interest in each property or, at AMDC's option, spend up to US$27.5 million
per property and produce a feasibility study of a form and detail as is
customarily required for project financing to earn a maximum 70% interest
in each. AMDC will be operator until Rio earns a majority interest and Rio
thereafter. Project financing may be arranged by Rio, if development is
economically justified.

Rio shall appoint one voting member to AMDC's Board of Directors and will
participate in the approval of Annual Budgets and Programs. Rio's nominee
to the AMDC Board has not yet been named. AMDC looks forward to working
together with Rio to explore and develop a wide range of prospects in
Turkey.

AMDC has 14.7 million shares issued and outstanding, 24.1 million shares
fully diluted.

For more information, please contact:

Richard C. Moores II
President
Anatolia Minerals Development Ltd.
3721 Hwy. 74, Suite 14
P.O. Box 3925
Evergreen, CO 80437-3925
Telephone: (303) 670-9945
Fax: (303) 670-9947

George Duggan
Investor Relations
Michael Baybak & Company
4515 Ocean View Blvd., Suite 305
La Canada, CA 91011
Telephone: (818) 542-6880
Fax: (818) 249-7024

Email: mailto:mbc@relaypoint.com

Mr Metals


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To: Mr Metals who wrote (23)5/28/1998 12:40:00 AM
From: Rocket Red
   of 39
 
Excellent news is right but you go figure stock at .45c just were i bought it so i bought some more its free money (40c) thats the way i see it

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To: Rocket Red who wrote (24)5/28/1998 12:55:00 AM
From: Mr Metals
   of 39
 
Me too:-)

Mr Metals

PS. I think DIR on the Montreal Exchange might start heating up.

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To: Mr Metals who wrote (25)5/28/1998 8:28:00 PM
From: stuffbug
   of 39
 
Better be careful boys. There's no floor on the additional
shares. If the stock remains at US 0.45 for ten days after this deal closes, RIO will be able to purchase approximately 6 million more
shares for $2.5 million. This will give RIO over 30% of the company
(plus the option to earn 60% of the deposits) for $4 million plus
exploration costs. This assumes that the statement regarding 24 million shares fully diluted includes these additional shares that
RIO may eventually purchase. It is in RIO's best interest to keep the stock as low as possible until they have purchased their additional
shares. Let's hope that there is some sort of trading restriction on the shares just purchased by RIO. Otherwise, RIO could sell these shares to depress the stock price and then pick up millions of very
cheap shares.

This is a great deal for RIO. It remains to be seen whether it is a good deal for AMCD shareholders.

Regards,
Mike

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To: stuffbug who wrote (26)5/28/1998 8:37:00 PM
From: Mr Metals
   of 39
 
It remains to be seen
whether it is a good deal for AMCD shareholders.


I will be but when?

Mr Metals

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To: Mr Metals who wrote (27)6/8/1998 5:43:00 PM
From: Stew
   of 39
 
Did u get that fax from "Natural Resource Investor" recommending this co.?

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To: Stew who wrote (28)6/8/1998 5:46:00 PM
From: Mr Metals
   of 39
 
Can you post it.

MM

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