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

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To: john griffin who wrote (153)4/22/1997 7:07:00 PM
From: David L Jarvis   of 329
 
Any junior is high risk and when people loan money to exploration or mining companies they expect a good return if things work out. You have to remember that they have some big losers in this game. I would have to consider the financing normal for the industry. Some people thought the financing would come in at the $2.00 level. With things the way they are, Richard Diotte did well to find any takers at this time. Mr. Griffin you seem prone to panic. Its impossible to read the market lately. I'm going to ride this wave all the way to the bank. I have every confidance in Richard Diotte and his management team.
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