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Gold/Mining/Energy : ARMADA GOLD(AAU) or ADRIAN RESOURCES?
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To: Robert Laframboise who wrote (22)9/20/1996 10:07:00 PM
From: stanley new   of 51
 
Only a guess, but I suspect friends of Friedland at fund houses are accumulating prior to any announcements of work in Russia. They know they have massive amounts of gold and copper. I know from his writings that Paul Stephens of Robertson Stephens Contrarian Fund is a friend of Friedland's and has bought into previous cos. that Friedland was involved in. If Armada proves to be a good co. you can bet the farm that his well-placed friends will be loaded with the stock before it moves. Pure speculation on my part, but do know that Stephens is a fan of Friedland.....sn
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