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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)

TWG 3.645

-3.3%

Feb 4 3:59 PM EST

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To: Tom McIlwain who wrote (247)	2/18/1997 8:11:00 PM
From: Ronald P. Margraf Sr.	of 495

Hi Tom, No problem, I like your playing. Makes for some food for thought. Maybe we can shave some ozs. off your 10 mil.. We only have to find 7 mil. if your numbers are right. Back in Oct., Nov. when I was talking to them it was felt that based the historical data alone we had enough to put us at that figure, but then that was based on a higher price for gold. My understanding and appearently some folks know more then they are willing to talk about that we could achieve that very easily. Also remember that there is platnum also on the site that has been mine regularly for many years uninterupted by the local natives. They have been doing it with just pick and shovel. So maybe they are using that to derive at the required numbers to get that 10.00 figure. As far as progress reports let me get back to you and everyone else later tonight when I get back from the field. I'm on dinner break right now so I don't have alot of time to respond properly. I like your playing though Tom, don't stop. May the stock gods smile on us all, Ron

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