ATLANTA GOLD CORP. (TSE:AAG) Message Board

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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)

TWG 4.095

+3.9%

3:56 PM EST

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To: Ross Mickey who wrote (15)	10/23/1996 8:18:00 PM
From: Ronald P. Margraf Sr.	of 495

HI ROSS, I take it that you are a holder of AAG. Thats good to know. So let me see if I can answere you concerns. My understanding is that this is equal to the total number of the float. When you add up the # of shares paid for which is 17mil+ and the float, that come to 22mil+. (b) That is the # of shares to Hartford. Appearently that is the financing that Hartford has already given to AAG. If we don't vote yes then they have to give the money back. Appearently they have already gotten a private placement of that amount of money. Like I said before, AAG doen't like to talk to much to the public unless they have their ducks in a row. (c) My understanding is that what ever is done it can not exceed 25% of the total capital of the company. I beleive it is not to exceed 22mil shares which is equal to the float + paid up shares. ROSS, I take it that you got into AAG after the 8th. I'm going to try and talk to them tomorrow or Friday. If you have any questions post me and I'll try to address them. I have a few that I want clearified myself. Does that sound like a deal. I'll probably mail mine on Sunday or Monday the latest. Ron

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