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

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To: Dean M. Kenley who wrote (32)11/9/1996 3:21:00 PM
From: stanley new   of 51
 
Dean: Looked up share info. you asked about. The most recent info I have says there are 68 million shares outstanding with a fully diluted number of 86 million shares. This is on both company bulletin and an analysts sheet. Float is listed as 58 million. Several analysts project expected near term share prices of $6.00 Canadian. I would think that it has that potential over next 12 months once the gold study is complete and they move forward....Hope some interest can get started in this thread. There is large upside in both Armada and Adrian Res. At recent New Orleans Invest. Conf. both companies had booths and I was impressed with their profit potential for stockholders in the very near future......sn
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