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Gold/Mining/Energy : ARMISTICE
ACI 17.58-0.6%3:59 PM EST

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To: emichael who wrote ()10/19/1997 4:43:00 PM
From: Al Lewis   of 94
 
Rumour on the Kinross thread re Armistice. I've included the complete note below. -

To: +Eric Freeman (25 )
From: +Steve
Saturday, Oct 18 1997 9:25AM EST
Reply #26 of 27

I'll jump in with my two bits worth to keep you from going insane. The latest rumour,
one of the many, at Kinross's Macassa mine is that Barrick is looking at buying
Kinross, Kinross is looking at buying Armistice Resources, the management and
geologists have been there four times to check the place out.

Macassa now has its $3 million or so automated loading pocket working and now all
they need to do is find more gold to pay for all that, and hope that another rock burst
(it's that time of year again) in the shaft doesn't screw things up for them again,
otherwise you might see it drop.

Unfortunately, the management's right hand doesn't seem to know what it's left hand is
doing at Macassa mine. I don't mean to be negative, but that is the word from the
workers. Same as always.

Steve
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