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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)
TWG 4.030-1.2%Jan 30 9:30 AM EST

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To: Ronald P. Margraf Sr. who wrote (122)1/9/1997 12:08:00 PM
From: Frank Sauer   of 495
 
Ron, let me thank you for keeping in contact with AAG and sharing your information. I am one of those who jumped into VSY when the rumours were hot and then just held onto it. The good side, of course, is that one gains experience primarily through one's own mistakes, not so much through hearing about other people's mistakes. Hence, we need to make our own mistakes to grow.
Anyway, the reason I am posting here is the following: On the Yamana thread I learned that Indonesia will have its rainy seaon now, and there will basically be no drilling until April/May. The impression I get from your notes, however, is that AAG/VSY are getting ready and expect to be drilling soon. Next time you talk to them, can you ask about this issue? Otherwise, I am still waiting to see any substantial news, just hearing that IR spreads excitement is not enough to make me feel comfortable (we had that once before, didn't we?). On the other hand, you have been talking to them directly, so your feeling is probably better founded.

Regards

Frank
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