CDN. MOMO PUPPIES Message Board

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Gold/Mining/Energy : CDN. MOMO PUPPIES

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To: Ed Pakstas who wrote (2677)	6/30/1999 1:14:00 PM
From: keith massey	Read Replies (1) of 36688

Got bored and decided to play a penny.... In AAD at .46. Phone AAD for details (1-888-626-8223). They have been fighting for control of their 40% interest in a diamond mine in Russia for a couple of years. De Beers valued the mine at $6 billion. Three weeks ago AAD did a verbal agreement with AGD to get control of their mine back. According to AAD they are on the 11th draft of the agreement and this is the closest they have been to closing the deal. Annual general meeting for AAD is in 3 weeks and they have $12 million in cash in the bank and $3.5 in debt. Anything in Russia is risky but I am playing it as a risk/reward stock. I will dump at any sign of weakness. So far it looks like the retail public hasn't seen this one yet because all the buying in the last 5 days has been in mostly 10-20K chunks. Only one house is selling (Canaccord) and the rest of the houses are on the buy. Best Regards KEITH

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