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Non-Tech : InvestRight Club Challenge

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To: Wally who wrote (900)	3/17/1999 6:39:00 PM
From: Jeffrey L. Henken	Read Replies (1) of 2662

I was off to Bill Fortune's new AZC thread as fast as I could click myself over there. Read all I could read and I can confirm the following. AZC is currently trading above the 50 and 200 day moving averages in anticipation of better days ahead: dailystocks.net From Yahoo: Azco Mining Inc. is a mining company with a general business strategy to acquire mineral properties with a prime focus on gold. For the three months ended 9/30/98, revenues decreased 6% to $262 thousand. Net loss decreased 28% to $729 thousand. Revenues reflect a decrease in interest income and in other income. Lower loss reflects decreased exploration expenses due to decreased cash calls by Cobre de Mayo on the Piedras Verdas project and lower legal expenses. biz.yahoo.com According to this press release AZC MICA be a good investment. Pun intended: biz.yahoo.com This is the best part: AZCO believes that the acquisition of the Black Canyon Mica project is consistent with its strategy of cash-flow driven growth and considers the project to have the potential to generate strong, profitable revenues in the near-term. AZCO remains in a strong financial position with a cash position in excess of US$15 million with no long-term debt as of December 30, 1998 and a diversified portfolio of copper, gold, industrial minerals and gemstones projects. On RDIM, I think today's press release was outstanding. Just a question of time before..... Anyway, I think the press release today was well received. I only wish this news was being spread directly to every household! biz.yahoo.com Thanks, Jeff

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