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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)
TWG 3.430-2.1%3:59 PM EST
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To: burner who wrote (375)3/7/1997 2:30:00 AM
From: Ronald P. Margraf Sr.   of 495
 
Hi Dan,

Just finished the chart for AAG. The vol. has been picking up for the
last 9 trading sessions. Looks like we could be looking for a break out
here in the next several days. Maybe Herman's promotion is starting to
get results. Next week may tell the story. The price seems to have stabalized.
But then it has done that before. The thing that is different this time
I would say that the vol. is increasing and that tells me that there is
some accumulation going on. Maybe the results have leaked. I beleive
folks in the know are positioning themselves based on the news that is
coming out in the next few days. This might be the day we have been looking
for. I'll see if I can get the time tomorrow and call them and get a feel
for what is going on. If I get something I'll inform you and the rest
of the folks here. Lets x our fingures that this is the prelude we have
all so patiently been waiting for.

May the stock godds smile on us,:-)

Ron

P.s.

I'm going to make a post over on the IHI thread to you. Like I've said
before that when it gets this low it is a good time to buy for the .20-.30
move but I don't beleive this is a good buy as it closed today at 1.51.
It is starting to look weak. And this is the time of the year that this
has a tendency to go lower. I think that it will break lower and maybe
get to the 1.25 level here in the weeks to come. If you want to play this
wait. I don't suggest you buy it right now. On secound thought I won't
make a post over there. I just post it here.

Later,

R
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