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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: Scott Wilding who wrote ()1/8/1997 8:10:00 PM
From: stanley new   of 552
 
Scott: I tried to start a thread on Armada and Adrian Resources and it never took off. I think AAU is a great potential and have held shares for several months. Wish I had them all at today's price. Glad you started this. Hopefully some good news will perk this one up.. Was told today that a feasibility study is to be out on the gold mine portion by the end of 1st quarter, so we may have to wait a couple of months....Was also told that the former Nescor stockholders have sold a large amount of shares since the two cos. merged last year and that, along with gold prices and Russian risk, is cause of price drop--nothing wrong with the company.....sn
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