Armada Gold 10 Million oz of Gold & 1 billion lb of Cu ! Message Board

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Gold/Mining/Energy : Armada Gold 10 Million oz of Gold & 1 billion lb of Cu !

AAU 0.380

-5.0%

Sep 29 5:00 PM EST

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To: Ross Orr who wrote (457)	6/8/1998 8:55:00 PM
From: D. Bryan	Read Replies (1) of 552

Thanks for answering my questions Ross. I can't say I've seen one of the enclosures that you refer to but I had visions of a large Coleman Pup tent, out somewhere in the middle of Russia. It was hardly something you could believe to be secure. I read in the Financial Post on the weekend that Home Stake is out shopping for deals right now, and did make a purchase. The Big Boys should be looking at Armada right now if, even if they are the slightest bit interested, I would think that the price of the stock will follow the price of gold, UP!!! With the Capital Group's purchase of 10.5% of the stock, what's to say that Placer Dome didn't do the same this last winter?? If they purchased just enough so that they weren't required to anounce their intensions. And if it were true I know you wouldn't be allowed to say anything, even if you wanted to. I suspect that the price of gold will rally this week with the EMU Central Bank having scheduled meetings, with speculators sounding the charge. Hopefully AAU will be able to muster some kind of forward motion with gold. As for copper I hope we see it's price improve as well. It would be nice to see AAU's market cap increase along with the rest of the gold stocks. I guess Toronto should be the market for AAU to be on anyway given its large following of gold bugs. With the Stock holders meeting coming very soon I hope we will get some good news to spark life into the overall stock price. I don't think $1.00 is extremely unrealistic at this point, given what we do know about the gold present on the property. If one of the majors came along and expressed interest in only the gold property, do you think they would they split off the company letting AAU keep the Gold? I doubt if Barrick would want copper at this point.

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