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Gold/Mining/Energy : Alta Gold

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To: Bucky Katt who wrote (252)	9/13/1997 3:04:00 PM
From: Texas77	of 749

I agree. But with just the Olinghouse we are undervalued now. We need someone to do the numbers with the additional 100K production that Olinhouse will bring on line. I don't remember the estimates - but the cost to produce numbers are low. Even at $275 or $300 Gold price I think we are undervalued. Not many other gold stocks out there that are as undervalued as ALTA. I will keep buying anytime I can at $2. ALTA is great right now, but I expect significant additional reserves to be proven up at Olinghouse and probably some more at Griffon, I have considered Copper Flat a no go since last January, but they may be able to add something to the bottom line in the way of a sale or something. I suspect there may be some big boys looking up their skirt right now, but I think ALTA has taken some steps to protect them from any cheap takeovers. I didn't ask for the details, but Margo told me they had a long time ago. Dave

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