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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: Richard C. K. Burdekin who wrote (365)2/11/1998 8:54:00 AM
From: Ross Orr  Read Replies (1) of 552
 
I guess the decision on which way to go would inevitably come down to dollars and cents. I don't think they have any preferences just something that makes sense for everyone. I think the market feels that AAU is down to its last dime right now and is not in a position to deal. I think some sort of non dilutive funding would be great to allow them time to do a deal that is good for everyone.

Ross
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