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Gold/Mining/Energy : Atacama Minerals

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To: kingfisher who wrote (33)	11/21/1997 10:43:00 AM
From: kingfisher	Read Replies (1) of 105

I have been told that an analyst with Solomon may begin coverage of Atacama.This analyst spoke to Rob Cogliandro in Chile last week and he is currently covering SQM a large fertilizer company in Chile which was recently upgraded to a buy.Sophia also mentioned feelers are being put out for tenders to start construction on some parts of the new facility.We discussed the recent market action and there appears to be a lack of liquidity in the junior resource market all resource companies are getting whacked irregardless of fundamentals.When someone decides to get out of a position they end up giving it away.

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