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Gold/Mining/Energy : ATNA ( v.atn t.atn)
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To: Eashoa' M'sheekha who wrote (29)10/19/1996 2:46:00 PM
From: Dan Christensen   of 509
 
More good news!!!.. I'm not sure if Atna can handle much more good
news! Assay results from 6 holes on the wolverine property were
released Oct-18 (see the Atna thread) with good Ag and Zn grades.
The market responded with a short rally followed by a .40 drop to
close friday @ 4.35.
The news release stated a reserve estimate for the wolverine and
the ajoining lynx properties would be available by the middle of
november. Because drilling is ongoing or just now winding up on
the lynx property we can expect a steady stream of assay results
from Atna until mid november. (Might be scary getting more good news)
My sources tell me that the Lynx Lens is the property that will launch
the share price recovery.
Consider that exploration on the lynx lens was a 1996 after thought,
They must have found something to make them want to extend the 1996
drilling program on such short notice.
Initial assay results look very promising, but I have no information
on potential reserves for the lynx.
The current share price is looking very attractive right now and I/we
are seriously considering adding to our position. Might wait till the
next release though (Ha! Ha!)

Thank you for steering me over to the QTR thread, very interesting.

Have a great Weekend!

Dan

P.S. Bruce, if you've come up with any information on the other 5 companies
that were reccomended I'd be very interested to hear it. I have to many
irons in the fire to do the proper digging. Thanks in advance.
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