ATLANTA GOLD CORP. (TSE:AAG) Message Board

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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)

TWG 3.520

-3.4%

Feb 5 3:59 PM EST

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To: Ron Everest who wrote (274)	2/25/1997 2:09:00 PM
From: burner	of 495

Ron, I am not sure of the amount of options out there but do know that after the merger there will be about 50 million shares fully diluted and around 38 million shares outstanding. We can expect soil/rock chip AND trenching results in 10 days- 2 weeks time. I understand that Hermann Derbuch would like to see the stock trading at >$1.00 when the new company begins to trade as Twin Gold. So, hopefully we will see some reaction to his intention in the stock price soon. If you need the exact number of director's options you should be able to find them in the circular which was sent out on the 20th. Ask your broker or call the company. As far as the Idaho property goes, I just think of it as money in the bank and forget about it. It presents the company with future cash flow but even though it is in final feasability stage it realistically won't be mined for a while yet. The company is still looking at more properties in the areas surrounding what they already have in order to encompass more of susptected ore bodies. The two priority targets are KP'd, and do not immediately require COW approval for exploration. Dan

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