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Gold/Mining/Energy : AURIGINOR INC-M.AUI Huge Volumes Montreal Exchange

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To: John Leather who wrote (47)2/25/1997 4:31:00 PM
From: Jeff Chan   of 329
 
HERE'S THE SCOOP!!

I spoke to a gentleman named Morris in IR today to determine if I missed any news releases or anthing to account the wild jump of AUI.

He indicated that AUI is in the midst of negotiating the purchase of a property in Latin America that hosts between 2,000,000 - 4,000,000 ounces of gold.

Apparently, it could be put into production within a year. It would be an open pit operation and is low cost.

I asked if this information was generally known and he indicated that he was providing this information to anyone who was calling. I had to rush off, so I could not spend more time.

I will post more as soon as I find anything else out.
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