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Gold/Mining/Energy : RIO Amarillo Mining - Ready to go ?
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To: J.C. who wrote (23)4/28/1997 10:08:00 PM
From: A. Martin   of 90
 
I do not know my friend. I assume they are laying low while the Bre-X fiasco unfolds.
It looks as though most companies are keeping quiet right now. I remember last year, there were companies reporting drill results from Labrador at this time of year. Those same companies are saying this year that they are drilling at the end of May or even into June. It seems like the mining season has been postponed.
The last news I saw was that they were going to announce more drilling at one of their sites. Geez, I forgot which one again. Oh well, any site would be good enough to pick this stock out of the tank.
It would be nice to hear some news from their joint venture partners -- Pan American Silver and RTZ Mining and Exploration Ltd. Last update from Pan American was that they were starting work on their jointly owned property. Maybe I'll go over to their SI thread to see what I can find out.

Later
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