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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)
TWG 3.520-3.4%Feb 5 3:59 PM EST

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To: Tom McIlwain who wrote (204)2/7/1997 1:23:00 AM
From: Ronald P. Margraf Sr.   of 495
 
Hi Tom,

Don't beleive we met before. Thanks for the update. Been really busy
and for the first time I didn't check the news releases for today. Glad
you did. I went over to Stockhouse and there it was.

It looks like my source was correct in hinting that the swap for AAG
might be a 1 for 1. That makes me very happy. I don't know about every-
one else but that puts me in the pink. I think now that this will clear
up alot of confussion an doubt. I beleive from this point on you might
start seeing some accumulation on the AAG side and for sure on the VSY
side. The VSY swap will definitly be a bonus. I think now the share value
for TWIN GOLD will be the new question although I beleive that has already
been answered. They are looking for it to be in the 1.25 or better range.
That still remains to be seen at this point. But I think that this will
be the number. That will be good for all shareholders of AAG.

If I can talk to them tomorrow, maybe I can add something to this new
release that was not provided. Hope to see everyone tomorrow.

Good trading,

Ron
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