AURIGINOR INC-M.AUI Huge Volumes Montreal Exchange Message Board

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

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To: john griffin who wrote (221)	7/8/1997 1:25:00 PM
From: Francois Plante	of 329

Short and long term target... We're missing some fundamentals to respond properly to this question. But one thing for sure:there has been NO REACTION from the market to the recent news which is sure desappointing. The JV in which AUI take 50% of this panama should bring his value to at least $1.50 base on the number of shares outstanding(about 13M),the number of Au onces (possible 1,4M onces),the actual price of gold and the cost related to producing(low cost-epithermal mainly,open pit etc). Any more comments wellcome...

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