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Gold/Mining/Energy : Alta Gold

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To: Bucky Katt who wrote (174)	7/7/1997 11:13:00 PM
From: Texas77	of 749

Bill, Spoke with the company today. Copper flat still held up, - management making other plans for it (sell) - too expensive to keep fighting Ted Turner - I guess, Griffon should start in September, and Olinghouse probably held up till December. Should get a news release by next week. They are still profitable and hedged out for 18 months at $335 per ounce. Speaking to the company again on Wednesday. Bought more today and if we drop again tomorrow I will buy again, We may not be at the bottom for gold yet, but we should be close enough that the upside exceeds the down side. (all my notes are at work - hope I didn't get any of the properties mixed up) A wealthy friend of mine once told me - with the metals - you got to buy them when nobody wants them!! That seems to be pretty much the case right now. Dave - ALTA and some of the juniors

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