Armada Gold 10 Million oz of Gold & 1 billion lb of Cu ! Message Board

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Gold/Mining/Energy : Armada Gold 10 Million oz of Gold & 1 billion lb of Cu !

AAU 0.380

-5.0%

Sep 29 5:00 PM EST

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To: zoli bognar who wrote (310)	8/22/1997 2:27:00 PM
From: Ross Orr	of 552

I am having a hard time understanding what point you are trying to make. The price of the stock reflects the current valuations being given to junior mining companies in the market. Tell me how many other winners you have in your portfolio today that are junior mining companies. The fact remains that the assets the company has are still first rate. Yes, Friedland did very little for us after the merger but if you bought it because of his involvement then you should be as disappointed as I am. If you have any ideas as to how we should "reward" shareholders I am all ears. If not stop whining. I said it before, if you want to invest in stable mining companies with no risk, invest in Barrick. Oh, sorry it hasn't performed very well either. Must be the price of gold. Ross Orr

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