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Gold/Mining/Energy : Argosy Mining
AGO 87.750.0%Feb 6 9:30 AM EST
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To: Ron Pitts who wrote (7)10/5/1996 5:25:00 PM
From: Marc L. Greenberg   of 165
 
Hi, Ron. My enthusiasm was rekindled after I read the report when Smith and Skousen returned from Slovakia. But I found the erosion of the stock price a bit unnerving, even in the context of the IMF scare. What do you attribute this to? I was thinking it might be that proving up the projected reserves is now thought to take as long as a year and speculators are therefore moving their money (temporarily?) to faster moving plays. If that's all there is to it, then now is a buying opportunity. What do you think? Thanks, Marc
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