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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)
TWG 3.600-1.2%1:15 PM EST

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To: Ronald P. Margraf Sr. who wrote (59)11/29/1996 1:51:00 AM
From: burner   of 495
 
Ron,
pg. B10---First article in INVESTMENT NEWS.

BTW If you speak with IR today, maybe you could suggest that they emphasize the diligence in which they have "teflon coated" their COWs in their press releases.
Investors are very leary of Indonesia right now and do not realize that if the regulatory and government licensing procedures are in order there is very little to fear. Bre-x acted at times as if they were dealing with a backwater republic and did not pay proper attention to the customary hurdles they were required to jump. They made mistakes. This will educate other mining concerns that follow. You can bet our "newco" is being very careful to make sure things will not get out of hand. I just think it prudent that they make investors aware that they are following due process to the letter.
Dan
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