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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)
TWG 3.660-2.9%2:56 PM EST

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To: burner who wrote (64)12/4/1996 1:30:00 AM
From: Ronald P. Margraf Sr.   of 495
 
Hi Dan,

Well it looks like things are starting to materialize. Our source said
that they would be putting on a new CEO and it has happend. I think
that we can really look for some real positive results here in the weeks
to come. I'm glad to see that you still have some cash to buy. I'm cashed
out at present.Boy I'll tell you that there are some real good deals
out there right now.

The stock seems to be a little predictiable right now. I think that
when the players put all the pieces of the puzzle togeather that there
will be some real serious buying coming in. If things continue to go on
track I see no reason that this stock won't go to 10.00 or beyond.

They told me that they will be fast tracking their drill sample once
they start getting cores. They have a place in Jakarta on stand by to
do the asseys when they are ready. If those results come back with only
half of what they are expecting we could see 10.00 without even blinking.

Well we will see what developes tomorrow.

Thanks for the update.

Ron
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