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Gold/Mining/Energy : ATNA ( v.atn t.atn)
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To: reg who wrote (106)7/15/1997 6:12:00 PM
From: SPRINGS   of 509
 
This is depressing but I just received Nesbitt Burns Third
Quarter 1997 report on Atna.This is what they say.

1) 12 holes for 97 completed

2)These were step out holes, grades are high but thickness indicate
limits have been reached to the south and west.
3) Further drilling should increase tonnage to 8mil.
4)The central feeder system for the deposit has also been located
to the west.This opens the possibility of another deposit.
5) We maintain a 12mth target price of $9.oo and a rating of S5
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