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Gold/Mining/Energy : Northern Abitibi Mining (NAI-ASE)
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To: Bat Man who wrote (53)10/17/1997 10:30:00 AM
From: gord   of 773
 
According to a news release by Golden Rule Resources yesterday, they intend to excercise all of the options that they have to purchase Shares of NAI at $.40. This would give GNU a total of 12,797,426 shares in NAI out of a total of 31,911,409. This would account for approxmately 40% of NAI's outstanding shares. The question is - Which is the better buy at this point, GNU or NAI.

Gord
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