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Gold/Mining/Energy : Argosy Mining
AGO 84.95+0.1%9:46 AM EST

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To: Eric Rojas who wrote (36)11/9/1996 2:31:00 PM
From: Eric Rojas   of 165
 
Kevin Smith's recent November letter still rates Argosy as a strong buy becasue of the following facts:
1. In his estimate, the drill results at Kremnica indicates the potential for 1.5 to 2 million oz.
2. Expected to have additional reserves from the KAtarina target at Kremnica and Pukanec.

I checked with Argosy yeterday, they expect to have results from Pukanec by the end of the month. I have the feeling that Argosy will be the type of resource that will keep growing continuously but not overnight, nothing wrong with, last week, AGO was one of the few stocks that went up on my portfolio, good sign...(or perhaps is that I have too many dogs)

Eric
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