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Gold/Mining/Energy : Tandem Resources (TDM M )

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To: Philip Nolan who wrote (3)5/5/1997 9:34:00 PM
From: dave   of 15
 
Hi Phillip,
Tandem should not be so closley tied to Bre-x!
The property it is in a jv with in Indonesea is only one of several ventures it is involved with. Ayrex (AYR.A on Alberta) closed today at $1.00, Tandem owns almost 50% of Ayrex. By that yardstick alone Tandem is undervalued.Tandem has money in the bank,experiencd management,many good properties.I hope those that sold today did not buy at $1.80, if they did, they sold themselves short. This stock will come back! IMHO
Good luck
Dave T.
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