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Gold/Mining/Energy : ARMISTICE
ACI 17.30-1.6%3:59 PM EST

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To: emichael who wrote ()10/17/1997 7:53:00 PM
From: Philip   of 94
 
There is talk today of a flow through share offering; going into production; sinking a new shaft, etc. They have $3.1 million on hand and drilling continues. I see activity every day at the mine site. They are working and it is just a matter of time. Their shaft is less than a kilometer from the old Kerr main shaft. The manager's wife and daughter have taken the little town under their wings, as it were.
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