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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: ASHLEY5 who wrote (323)9/22/1997 12:20:00 PM
From: Ross Orr   of 552
 
I always thought flashbacks were from too many drugs at an earlier time in your life. Seriously, I can't forsee any problems with study results. I am sure that a lot of the biggies will be eagerly awaiting its release. The whole tax situation in Russia is progressing rapidly. I just returned from the emerging market conf. in London, Eng. and picked up a report done by Matt Sutcliff of Williams de Broe on Russia. Call me and I will fax you his comments on Russia which are quite positive. As far as the stock price goes I think you have reached an equilibrium point where those who want to sell are, and those that want to purchase have picked a level that they are comfortable with. Any upside from here will be driven by rumours and the like after the report is released.
Ross
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