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Gold/Mining/Energy : Alta Gold

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To: virgil vancleave who wrote (115)	5/4/1997 2:34:00 AM
From: Bucky Katt	of 749

Virgil-- I forgot to mention, Alta had a spiff in the corporate news section of Barron's, pg. mw-14, describing the last news release. Mangement thinks the expanded Olinghouse may prove up another 2-3 mil oz. That would be nice, to say the least. I'm getting the impression that the stock was driven down in order to shake out weak holders and scalp off stop loss orders, as the selling stopped @ 9/32. It should move back up to $3 pretty quick. WJ

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