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Gold/Mining/Energy : ARMADA GOLD(AAU) or ADRIAN RESOURCES?

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To: stanley new who wrote (39)1/19/1997 3:13:00 PM
From: Robert Laframboise   of 51
 
Lots of speculation !!

Spoke with my broker recently and the latest activity of AAU.A can be in reference to a feasibility report due to be released in the next coming month. On a conference call, their analyst said to expect very CRUNCHING numbers, meaning this should get investors moving in acquiring this stock. If my memory serves me right, he also said that they would require $100m. to exploit the mine further but already had 60% of it from a European bank....
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