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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)
TWG 3.750+6.5%12:43 PM EST

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To: Tom McIlwain who wrote (391)3/12/1997 12:14:00 AM
From: burner   of 495
 
Tom,
I believe assay results are expected by the end of next week. As far as the price being held down for a PP, I doubt it. In many cases one sees the price increase before a PP. I think the stock is consolidating into longer term money. The volume of 273k today was on only 55 trades (an average trade of 5000 shares). I'm not sure where the majority of previous trading accumulated but perhaps some are being shaken out. I'm staying put because I think this one has as much potential as anything else I have seen. If this company was able to entice Mr. Derbuch it just may have something going on.
Dan
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