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Gold/Mining/Energy : Atapa Minerals (AML on the ME)

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To: j. pezim who wrote (35)3/16/1997 5:55:00 PM
From: Dennis Martin   of 106
 
Any relation to the famous Pezim family in Vancouver?

It is certainly taking a long time for them to get their act together to get on the TSE. They told me at Atapa that the worst case would be
3 months from the date of the submission of the independant engineering analysis of their indo properties. When I pressed them they said they expected it to be sooner (I guess its been 5 weeks now that the TSE has had the report?).

The report was prepared by Kilborn who was recommended by the TSE exchange. Atapa said they could have gone with a cheaper company but decided that the review by the TSE would go smoother if they followed their suggestion. It was good news (in the last release) that the report was a positive recommendation.

Your previous message was very interesting. The magnitude of increase (6 to 7 times) is comparable to what I expect although I hadn't heard about those specific #'s. Keep in touch.

The next two months should be a fun ride!

Good Luck

Dennis
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