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Gold/Mining/Energy : AURIGINOR INC-M.AUI Huge Volumes Montreal Exchange

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To: Francois Plante who wrote (87)3/18/1997 12:53:00 PM
From: John Leather   of 329
 
Yes, I see it's Halted - VERY Interesting as I just spoke to the Company.

I spoke to Western Pacific Mining (514)286-0909) this morning and asked about both companies (AUI & WESTERN PACIFIC MINING).

Their answer was very brief and non committal. Basically they gave no information that any halt or press release was coming.

I then spoke to Auriginor people (418 527-3362)). They felt the stock was underpriced considering the Panama deal and were surprised the share price was as low as it was. This is especially considering the private placement was $1.17 and these are usually at a discount of 15% to 20%.

They also gave no information that any halt or press release was forth coming. The person I spoke to seemed quite surprised to hear that there was a halt. It may be that the halt came from management in Montreal.

My Stock Broker in Vancouver indicated the Halt was requested by the company.

John Leather
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