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Gold/Mining/Energy : AMT International Mining Corporation
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To: Steve Palmer who wrote (3)1/14/1997 3:15:00 PM
From: Ron D.C.   of 29
 
As noted in ealier letter AMT has raised it's reserve to 3 BILLION pounds...that's got to be incredible. They are presently doing a feasibility study which should be complete late Feb or early Mar/97. I'm sure the market will be on this one by then and the shares will be well beyond the present 1.25-1.30. Last fall Investors Digest had a one year target of 5.00. AMT als has a gold property in Manitoba and expect results from the first few holes any day. Thats not the play I'm interested in but who knows---it could be an unexpcted bonus. I still like the potential and plan to wait patiently for AMT to be discoverd.
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