ATNA ( v.atn t.atn) Message Board

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Gold/Mining/Energy : ATNA ( v.atn t.atn)

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To: Ralph Kern who wrote (51)	11/29/1996 2:08:00 PM
From: Richard Humphrey	of 509

Ralph: I believe it is the cyclical nature of the industry, that is keeping the lid on ATNA's share price. Much investor money has flowed out of the base metal/mining industry, because of the present state of the economy. Low inflation, a roaring US economy, low interest rates, depressed Au and base metal prices((supply and demand). Mining season in the northern hemisphere is all but stopped for the winter. Investors will be back in the new year looking for bargains, which will drive up ATNA's price. Precious and base metals should start to improve as demand will outstrip supply, in the near future. And there is always the thought of a Westmin takeover of ATNA. Atna shareholders are looking at the low end of the price scale right now and its share price has nowhere to go but up. Easily $ 10.00 high next year. My thoughts! Rick.

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