Armada Gold 10 Million oz of Gold & 1 billion lb of Cu ! Message Board

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Gold/Mining/Energy : Armada Gold 10 Million oz of Gold & 1 billion lb of Cu !

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Sep 29 5:00 PM EST

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To: Syncrude who wrote (360)	1/27/1998 5:01:00 PM
From: Ross Orr	Read Replies (1) of 552

A data room was set up in Armada's Toronto and Perth, Aus. offices for interested parties to review the feasibility study. All participants have signed confidentiality agreements. This is done to so the company can look at all options at their disposal. The problem today is that the majors are in no hurry to do anything because they don't have to. Do you think Barrick would have paid $1 billion for Arequipa in this market. No way. Ross Orr P.S. Good to see people back at it.

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