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Gold/Mining/Energy : AMT International Mining Corporation

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To: Ron D.C. who wrote (7)1/24/1997 9:21:00 AM
From: crgreen   of 29
 
Hi Ron D.C.

If the feasability study is released prior toMarch 18 i would think
that 10 cents would be a steal. Failing that, we can hope for a surprise from th Manitoba property in the next week or two but more
likely some good results from the Phelps Dodge property.

Still not clear on the release date of the feasability study, talked to Dr. Singh a week ago and understood that it would not be released prior to March 18, however the most recent news release talks about speeding up the timetable.

I don't understand this stock. Started with a plan to prove 2 billion pounds, they now have proven 3 billion pounds and yet the stock languishes. Is the market afraid that they won't meet their obligations to BHP? Do you or anyone following this thread have any ideas?

Also, with the stock trading for months between 1.15 and 1.30, why
would someone buy special warrants for 1.25 (over 2 million dollars worth at that!).

New to this game, what am I missing?

CGreen
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