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Gold/Mining/Energy : International Tournigan(ITG.V)announces major discovery
ITG 30.230.0%Feb 28 4:00 PM EST

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To: Alex who wrote (162)6/4/1997 1:28:00 AM
From: Aristotle O   of 347
 
Alex: Have to rely on the Hard Rock Analyst. They say that there
is litterally thousands of samples backed up in the lab and that
results are not being held back. They say it is a very strong buy at
these levels. HRA has an excellent track record and I would find it
curious if they put out a special circumstance recommendation
this week on ITG if they felt there was any concerns here.
HRA had plenty of time for additional DD after reviewing the current
law suit and still made ITG one of only 2 special circumstance rec's this month. I will continue to trust thier judgement unless proved otherwise. Changing of the guard with board members is not uncommon. After all, what is Eric Friedland's track record anyway ? I wonder
how much he contributed to ITG other than the "figure head" status of being "Robert's" little brother. If the Friedland's start dumping shares then it will be a different story altogether. There is no evidence of insider selling IMO.

The reasons I purchased this stock originally at $2.50 are still
valid. If I liked it at $2.50.....why wouldn't I like it even
more at $1.40 ? Nothing has really changed...just fear of the
unknown.

Did ITG really tell you they were holding back results ?

It's been a pleasure Alex. Keep well, and good hunting !

Cordially, Aristotle.
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