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Gold/Mining/Energy : Abitibi Mining

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To: Mike Perras who wrote (18)1/10/1997 10:52:00 PM
From: crgreen   of 96
 
Hi Mike:

Five months into this game so, as i say, i'm very GREEN and am not comfortable in predicting value.

I took a small position in ABB at 70 cents in mid december when SDN
was running (to 1.20!) looking for the sister company to run with it,
and seeing very little downside with drilling at Tannahill and the
mention of "visible gold" (last time i heard this i read someone say
somebody must have dropped their ring down the hole :).
Also, the jv with BAN in Timmins, the property is situated right in the thick of things up there! I understand from Essam that that property is currently being drilled, could this account for the huge
move by BAN today :).

At any rate, a drill being mobilized at Tannahill, interesting market action in the Timmins area, and good management from what I undertstand, I feel there is cause for optimism.

What's your opinion?

Happy investing
CGREEN
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