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Gold/Mining/Energy : ALMADEN

AMH 31.53

-1.4%

Nov 10 3:59 PM EST

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To: Bobby Yellin who wrote (15)	10/1/1996 10:19:00 PM
From: Chris A.	of 119

I listened to Bob Bishop's Hotline today and he said that Almaden was a strong buy. He mentioned that any apparent weakness in their stock price is not because of bad news, but because the stock is so thinly traded. Many investors and brokers have not heard about this one. So if your trying to dump some AMH on the market, it will drive the price down because there aren't that many buyers. It does have a good side. Good news will make the stock jump. I agree the trading range was very good today. It dropped to the $2.90 area then closed up to $3.30. IR relations at AMH said someone was trying to unload there shares over the last week (nothing bad on the company). The news for Munro Lake is still suppose to be very, very good. The news should be out very soon. By the way, a stock that B.Bishop had been recommending for many months was Winspear (WSP.V). It was recently (last week) at .60 cents and today it closed up around $2.50!! He said because of how they discovered the diamonds (in the trenching, not even in any pipes yet) it is strong buy even at $2.50. Even other high flyers like Aber never had such astounding results. Keep your eye on it... My point is, Bob is right more than he is wrong. I think he knows whats going on with AMH. He's been strongly recommending them since June. By the way, one of his other lower priced picks that hasn't gone anywhere yet is Major General (MGJ.V). It's trading around .70 cents. Watch this one too.

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