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 !

AAU 0.380

-5.0%

Sep 29 5:00 PM EST

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To: RDW who wrote (408)	3/21/1998 2:23:00 PM
From: ASHLEY5	Read Replies (1) of 552

On behalf of Ross Orr he did mean 8 million oz. of GOLD. Does anybody know what form of financing will take place?? I sure hope it is not another equity issue... there are already too many shares outstanding!!!! Is the 100 million shares the fully diluted number? If so, how many shares are actually issued?? Also, at these levels will not most of the stock options and warrants expire worthless???

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