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Gold/Mining/Energy : Argosy Mining

AGO 88.97

-1.1%

Jan 12 3:59 PM EST

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To: Marc L. Greenberg who wrote (100)	2/28/1997 8:31:00 PM
From: Steven Coull	of 165

Hey Marc, You bring up a good point. But who is the new director? Time, as usual will tell. Maybe what AGO needs is a less conservative person to get a little enthusiasm going. Ron (MAX) & I were talking today about AGO and we came to a good point. They will probably prove out to about 3Mil oz in the end and they have the possibility of a large open pit mine which really is the least expensive re. production costs. We both agree that this is still a very good stock and at the present price probably a very good buy. I have $3000. kicking around from an ARZ trade today and might just take the plunge with AGO again, on Monday. I will call Kevin Smith (or Cindy Copeland) and ask about their opinion on the director issue, Monday. Let you know what is up. Stevie

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