SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the
Securities
Exchange Act of 1934 (Amendment No. )

Filed by the Registrant |_| Filed by a Party
other than
the Registrant |X|
Check the appropriate box:
| | Preliminary Proxy Statement
|_| Confidential, for Use of the Commission Only
(as permitted by
Rule 14a-6(e)(2))
| | Definitive Proxy Statement
|X| Definitive Additional Materials
|_| Soliciting Material Pursuant to ss.240.14a-12

THE GOLDFIELD CORPORATION
(Name of Registrant as Specified In Its Charter)

eRaider.com Inc.
(Name of Person(s) Filing Proxy Statement, if
other
than the Registrant)

Payment of Filing Fee (Check the appropriate
box):
|X| No fee required
|_| Fee computed on table below per Exchange Act
Rules 14a-6(i)(4) and 0-11.

1) Title of each class of securities to which
transaction applies:

2) Aggregate number of securities to which
transaction applies:

3) Per unit price or other underlying value of
transaction
computed
pursuant to Exchange Act Rule 0-11 (set forth the
amount on
which the
filing fee is calculated and state how it was
determined)

4) Proposed maximum aggregate value of
transaction:

5) Total fee paid:

|_| Fee paid previously with preliminary
materials.

|_| Check box if any part of the fee is offset as
provided
by Exchange Act
Rule
0-11(a)(2) and identify the filing for which the
offsetting
fee was paid previously. Identify the previous
filing
by registration statement number, or the Form or
Schedule and the date of its filing.

1) Amount Previously Paid:

2) Form, Schedule or Registration Statement No.:

3) Filing Party:

4) Date Filed:

January 17, 2001

The Goldfield Corporation
100 Rialto Place  Suite 500
Melbourne, Florida 32901

Submitted by fax and mail
To John H. Sottile, Chairman and President

Dear John:

I enjoyed our recent conversation of January 8 and January 16, 2001.  I
know that you want to maximize shareholder value as I do and satisfy the
(FD) full and fair disclosure requirement as promulgated by the Securities
and Exchange Commission.

To achieve this goal you asked if I would withdraw my ASSET
APPRAISAL PROPOSAL.  I have reconsidered and suggest that you can
go a long way towards MAXIMIZING SHAREHOLDER VALUE if
Goldfield could put in effect the following:

1)	Conduct conference calls each quarter using an 800 number after
the release of earnings.
2)	Hire an investor relations firm to create greater visibility for
Goldfield.  The IR firm would introduce Goldfield to analysts with
the stated objective of achieving coverage.  Goldfield would meet
analysts and investors at the American Stock Exchange and at
other forums around the country.
3)	Goldfield's annual meeting should be held every second year in
New York and other cities where present and future stockholders
live.  This will permit management to have a dialogue with the
stockholders.
4)	Conduct a study of the impact of a 1 for 5 to a 1 to 10 reverse split
would have on the price of Goldfield stock and its ability to
increase its institutional ownership.  This study would determine if
a higher price would increase liquidity and decrease transaction
costs for future purchases.  This report would be made available to
stockholders.
5)	Consider STRATEGIC ACQUISITIONS to maximize shareholder
value and thus achieve our goal of increasing the price of stock of
the OLDEST company on the AMERICAN STOCK
EXCHANGE.  This will give Goldfield the ability to monetize its
stock by using it for acquisitions.
6)	Give the odd lot stockholders the opportunity to sell their shares to
Goldfield without brokerage commission and enabling Goldfield to
reduce administrative costs.
7)	Goldfield should perform the ASSET APPRAISAL as cheaply as
possible to enable management and BOARD OF DIRECTORS
make a judgement how best to strategically employ their assets and
grow the business to MAXIMIZE SHAREHOLDER VALUE.

In conclusion, if a timetable can be established to discuss and put in effect
the above recommendations I believe that Goldfield would celebrate its
next anniversary having gone a long way towards MAXIMIZING
SHAREHOLDER VALUE and I would gladly withdraw my ASSET
APPRAISAL PROPOSAL.

Thank you for your kind consideration of this matter.

Very Truly Yours,

Sam Rebotsky