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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)
TWG 3.830-0.8%1:29 PM EST

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To: Robert Weiss who wrote (79)12/12/1996 2:00:00 AM
From: Ronald P. Margraf Sr.   of 495
 
Hi Robert,

I sure that there is alot of upset folks over there. I don't want to
be the one that says I told you so but a couple of months ago I made a
post either here or over on the VSY thread mentioning that BRE-X was
going to have their hands full. Of course no one thought it would go
this far. I still think things will work out, but you know greed is a
funny thing. I think right now the Indo,s see dollar signs but they
don't want to assume the responsiblility of doing the mining. I think
that they just want to fill up their Swiss bank accounts just in case
they get thrown out of power. On the other hand Barricks must of really
grease some palms with some really heavy grease. GREED!!!!! GREED!!!!!
GREED!!!!!! make for some really strange bed fellows.

I also think that the whole story isn't being told. I think that some
of those fellows over at Bre-x pissed some people off and you don't piss
on the host bushes or in his back yard. I think that there is some arrogance
in there somewhere.

It has become a real soap opera. There is a rumor over at stockhouse
in one of those financial papers that they think that the stock will
open tomorrow at 10.00. That would be a shock. If so it would also be
a good buy.

May the stock gods be with Bre-x and their shareholders. If I was
Bre-x I would halt the stock before tomorrows open and wait until this
are unfolds and gets all worked out. But then I'm just a by stander.

Later,

Ron
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