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Gold/Mining/Energy : ARIMETCO INT'L (ARX ON TSE)
ARX 16.40-0.2%Dec 30 3:59 PM EST
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To: rex who wrote (61)9/13/1997 6:24:00 PM
From: Jay Anderson   of 80
 
The latest I hear is that the creditors have until the end of September to decide weather or not to accept the reorganization plan proposed by Arimetco. The reason they are not trading is that they can't spend money producing annual or quarterly reports until a deal is struck with the creditors. If they don't produce reports the stock can't trade. Maybe we'll hear something by the end of the month. I hope so.
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