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Gold/Mining/Energy : Argosy Mining

AGO 87.04

+1.4%

3:59 PM EST

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To: Eric Rojas who wrote (20)	10/30/1996 11:15:00 AM
From: Ron Pitts	of 165

Hi Eric, I am no expert on AGO. or anything else for that matter. But my thinking is that the tax selling presure over the next 4 weeks is going to more than ofset any results at this time am looking for AGO to fall to maybe around .90 cents US. before there next round of results come in before that time I will make my move and buy more AGO I think by spring we will be looking at a 7.00 dollar stock here. Regards Ron Pitts

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