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Gold/Mining/Energy : Alta Gold

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To: posthumousone who wrote (171)	6/18/1997 10:30:00 PM
From: virgil vancleave	of 749

ther hasn't been any news lately, but i last i knew griffon should be online by now and olinghouse close or next quarter. still wondering what is up with copper flat, since they paid the debt off on it so they would not have to pay royalty fees. copper is strong and if there is anywhere near the reserves they say, alta's copper mining profits are worth more than the companies market cap plus all its debt and then some. alta is cheap here....ithink mainly because people are a little afraid of the financing debt from alta's past and that gold is making a bottom here. there was a shareholder meeting june 13, but i could not attend and don't know how it went. i am still long alta and believe that when gold comes back into favor alta will once again be leading the pack. just look at how well it has held up in comparison to some of the others in this industry. and company is still making profits....that is the bottom line. hope this helps.

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