ARMADA GOLD(AAU) or ADRIAN RESOURCES? Message Board

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Gold/Mining/Energy : ARMADA GOLD(AAU) or ADRIAN RESOURCES?

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To: Dean M. Kenley who wrote (30)	11/9/1996 1:13:00 PM
From: stanley new	of 51

Dean: Not really anything new that I know of, but they did start producing copper this past month. There are some big names behind this co. and if anything good happens, you can bet that some funds and wealthy money managers are accumulating before the price goes back up. With volume, I would expect some good news in near future, but that is just speculation on my part. These type stocks seem to follow this pattern with those in early making significant gains. The only real problem I see is that Armada is totally in Russia and that scares some investors. That may make this a real buy for those of us willing to go in early...sn >Adrian Resources: The feasibility study is due by Nov. 27 and if it is as good as expected, the bidding war should start to see who buys Adrian. Value placed on it in earlier study indicates a large profit of 2 to 3 times current price. Good buy in my opinion...sn

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