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Gold/Mining/Energy : Canadian Technology issues

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To: Vartan who wrote (268)2/5/1996 8:40:00 PM
From: Art Johnson   of 640
 
Vartan, have been watching Fairmile,

I also have loaded up an aau.a Armada Gold Corp, this is a junior gold that has a concession in Russia (scary) but they have done their homework and have insurance against any problems, stock is currently 2.11 to 2.15 they will be bought out by Barrick or RTZ within 90 to 140 days in the 4 to 6 range, a very good company, I have been involved since the beginning and still buying at these levels, start watching the junior oils as well they are coming to life, first the golds run and then the oils, also you should look at Cachet - CCE on ASE, they just acquired a Toronto company called Cyberplex, this company can be seen at cyberplex.com, they have substantial contracts and have created the web strategy for Labatt's, Nabisco, Maclean Hunter, Digital Canada, Canadian Tire. Cachet is a Toronto company and gets no exposure from the Alberta brokerage community, it is a high-end print company that is getting an internet presence the stock is UNDERVALUED and will be going to TSE in about 6 to 8 months, its not a resource stock so it has no following out west, this is a keeper. On the Armada our gold analyst is recommending the stock, he recommended Bre-x which I stared buying at 12 I still have 1/2 of a very large position at 107 bucks today (once in a lifetime) but as an analyst he is excellent, I also deal with one of the directors and he re-iterates what our analyst say, plus the golds are running now pretty hard to lose out. Hope this gives you some ideas to play with, look at recent press releases from Cachet on acquisition of Cyberplex, very interesting.

Art
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