AURIGINOR INC-M.AUI Huge Volumes Montreal Exchange Message Board

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

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To: John Leather who wrote (67)	2/28/1997 11:22:00 PM
From: Jeff Chan	of 329

John, in speaking with Morris at IR today, he indicated that the proven reserves are 2,000,000 oz of gold with a probable of 4,000,000 oz. With a 51% interest, that would make AUI worth approximately $3.00 near term and $7.00 longer term (using standard evaluation measures and based on the revenues as stated in the news release). I, unfortunately, forgot to ask what country. Whether he would have told me, I don't know. He indicated that their other properties are in Nevada and that they are no longer in the Solomon Islands. All the best,

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