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Gold/Mining/Energy : Alta Gold

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To: Bucky Katt who wrote (135)5/8/1997 1:11:00 PM
From: virgil vancleave   of 749
 
a case in point on the other side of the spectrum is a small company
called hadco, ticker hdco. they bought zycon out for cash in january.
i made out since i owned zcon, but at the time now realize that i should
have been using the money to buy hadco. especially since it was in
the twenties. now in low 50's. and i feel it is still undervalued.
but on the same note, it appears now that alta is more undervalued
and judging by its quick recovery to the 3 range, i am not alone.
just wait until they get the mining operations moving and then with the presently
good management running the show it will just keep going up. EVEN
with no upward movement in gold prices.
time will tell whether i am right. we will see.
i only own 1500 shares at present but will be adding from time to time
as more funds become available.

good luck
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