TO ALL <UPDATE>!!!!!!!!!!<PART 3><END>
O.K. folks have a few minutes so I'll try to give you some more of what we descussed the other day. I'll pick-up where I left off. Let me see, that would be Item #7 next.------------------
7. (Let me estapulate on item #6 a little more), ---------------
Q.> So what are you telling me as far as the merger goes?
A.> There will be an Extra Ordinary Meeting for the share holders sometime
in mid Feb. or early March. The reason for the delay was we where waiting
to put the people on board that we wanted. That has been done. Now things
are moving along very nicely and we should start seeing certain things
begin to develope.
Q.> Correct me if I am wrong, But do you see the drill results coming
back before the merger is completed therefore driving the share price up?
Will you delay the merger until that happens, therefore making AAGs
contribution in share less?
A.> No! We will not delay the merger for drill results. The only way the
drill results will come in first is if there is a delay or problem with
the merger. The merger is expected to take place first, but then anything
can happen.
8. Share price.------------------
Q.> I have been wanting to double my position, so you can understand
the concern with the drill program. What sort of window would you say
I have before it starts or can expect news that will impact the share
price?
A.> Again I can't give you a time for the drilling to start. I may have
an answer for you next week. As far as news, again there will be a release
maybe Wed. of next week. In reguards to share price increase, I have had
a couple of individuals call me asking the same question. They want to
take a 100,000 ea.. They also wanted to know when drilling was going to
start. I don't know why that is all anyone wants to know. We have much
more information then just drilling. No one want to know about anything
else. I'm amazed.
Q. & A.(ME) > The drill program is important. You know as well as I do
that when you mention drill dates the share price goes up in anticipation
of positive results. That is why they want to know. You have to remember
some of got in when it peaked like me and now we want to get a little
at the lower end to offset the costs. So I ask you, what is my window
before it closes?
A.> I understand now. As far as the window---------
Q.> Would you say maybe 2 weeks or more?
A.> (Now pay attention to the answer) that sounds about right, but I will
be able to answer that alot better next week. Please call me at the same
time next week and I will be able to give you a better answer.
***Well there you have it. That is pretty much the gist of the conversation. You will notice that I didn't use any quotation marks because it was not a taped conversation but the answers are pretty much what was said. There was some small talk also and a few other questions asked and I could probably answer some more if you have any, but I thought that these where the most important to us all. So I sure hope this is good news for you all. I have been invited back next week for a phone conference early next week. We will see if the information next week can be more defined.
Well thats it.
May the stock gods smile on us,
Ron |