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Gold/Mining/Energy : ARIMETCO INT'L (ARX ON TSE)
ARX 15.58-4.9%3:59 PM EST

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To: trustmanic who wrote (34)2/7/1997 8:28:00 PM
From: Peter W. Panchyshyn   of 80
 
I bought at around 1.00 and accumulated more downwards to 0.60 and then sold with its brief burst to 0.90. Got back in at 0.60 with the fall to 0.25 and the news of bankruptcy protection took a loss on that friday. It has now been 4 times since then that I have bought and sold. I have been able to make back the loss and then some. Traders have done quite well with this one hope it continues.

Peter
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