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Gold/Mining/Energy : Armada Gold 10 Million oz of Gold & 1 billion lb of Cu !
AAU 0.380-5.0%Sep 29 5:00 PM EST

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To: Francis Scavo who wrote (157)4/3/1997 1:59:00 PM
From: Ross Orr   of 552
 
zzzzz, Sorry, you woke me up. I think a very good barometer of the state of the junior market for mining stocks was the response to Bema Gold's announcement this a.m. The stock rose 50 cents on the news that they had doubled their reserves in Chile from 12 to 24 million ounces and 4 billion lbs. of copper. How dull. The question is how long will the Bre-X hangover last.

Ross Orr
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