ATLANTA GOLD CORP. (TSE:AAG) Message Board

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

TWG 4.069

-0.3%

Jan 30 3:59 PM EST

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To: dave herbert who wrote (295)	2/28/1997 1:18:00 AM
From: Ronald P. Margraf Sr.	of 495

Hi Dave, AAG fell out of favor a few years back when the JV that was doing the feasability on Idaho pulled out and went to Africa for bigger and better things. At that time AAG did nothing with the property and eventually folks just gave up and forgot about it. At the time the gold was hard to extract. Now they have new methods of extracting it. My understanding is that they are down to 2 of 8 methods and now they are considering 2 ways of extraction. That is where they are at this point. I asked if Quest was continiuing with there side of the feasibility and they said yes. That represent about 8 mil. on their part, so they must think that they can get it out or they wouldn't be persuing it further. As far as the dredging are you refering to the Indo property? Hope this helps, Ron

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