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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: Ross Orr who wrote (339)10/23/1997 4:34:00 PM
From: Richard C. K. Burdekin  Read Replies (1) of 552
 
Ross:

Your point about little interest in the mining stocks seems to be underscored by the miniscule trading volume in Armada this week. Should we be concerned about the lack of buyers or pleased about the lack of sellers? I suppose we'll find out one way or another within the next couple of weeks when we see the market's response to the feasibility study. As a side comment, I wonder if the current turmoil in the Asian markets may not help breathe some new life into this sector?

-- Richard
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