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Gold/Mining/Energy : Alexander Resources Int. (AWS-Alberta)

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To: Garry who wrote (23)1/18/1998 12:56:00 PM
From: Don Armiento  Read Replies (2) of 49
 
Hello Garry,

I think the info is a bit dated, naturally Jan 31/97 but to me I think the gold market in general is suffering. I still think they should go ahead with any drilling plans, if you have something good people would still want to buy it. The stock couldn't get much lower than it is now in reality, what are your thoughts on this? It seems they have well respected firms backing this company, and they did do the private placement at .45 for just under 1 million bucks. So, the company should have money in the bank, but they could wait to do something on the African property until the market turns around and in my humble estimation that could be about six months. Won't be able to go to the annual meeting, due to location and time. How about yourself?

I met the CEO Harry Corrigan and Don O'Sullivan in Toronto last may'97 . Their expertise in this field seem to be very accurate on the annual report. What was on the annual report in regards to themselves was exactly what they told me. Everything seems on the go, just have to wait and see what the next move will be?

Later

Don
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