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Gold/Mining/Energy : ALMADEN
AMH 31.72+0.8%3:59 PM EST
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To: Francis Chieh who wrote (63)1/30/1997 2:54:00 AM
From: Gary   of 119
 
I don't have my file on this co. with me but I spent an hour with the geologist on Dec.18. They are looking for gold not silver to the best of my knowledge. They are doing final geophicics in preperation for drilling a very promising property that they paid 1 mil. for. This is obviously a lot to pay for a prosect and for a firm that has over 300 Mexican properties in thier data bank to pick this one and pay that for it speaks for itself especially for a group who were one of the 1st modern day geologists in Mexico. More to follow in a few days when I get back to Vanc.
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