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Gold/Mining/Energy : Argosy Mining

AGO 85.58

+0.2%

3:59 PM EST

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To: Jeff Redman who wrote (91)	2/5/1997 9:29:00 PM
From: dan wynne	of 165

jeff - they had a close of market telecon on monday afternoon. Yale Simpson and Steve Potter ran it, for an hour. If you call their office they can direct you to a different tel no. to call and hear it. basically, Kremnica looks very good. they will spend $ 3M this year drilling off both the Sturec system and a couple of mineralized zones within several km. the part of Pukanec they looked at was basically a bust. the aquisition in Greece looks good. no one has evaluated the property for Au since before world war I, and it has huge qz vein systems, and similar epithermal deposit geology to what they are seeing elsewhere in the Carpathian belt. possibly more aquisitions. maybe turkey. call Yale Simpson. he's very friendly and quite frank. dan wynne

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