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Gold/Mining/Energy : AZC - AZCO MININGS (AMEX:AZC)

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To: BHunt who wrote (47)5/30/1999 6:17:00 PM
From: C Horn  Read Replies (2) of 118
 
BHunt - Thank you for your DD.

I am doing a little DD of my own this
Memorial Holiday weekend.

Starting off by a review of the various SEC
filings.

Interesting tidbit in the 10-Q for the quarter
ended March 31, 1999. Note 8 to the financial
statements explains the Share Repurchase
program approved by the company on August 6,
1998. Up to 1,284,024 shares were approved to
be repurchased up to a maximum amount of 1.50
per share. As of March 31, 1999 the company had
repurchased 803,376 shares.

This may be old information, but I am just beginning
to catch up, and I am in the process of coming up
with my own valuation of this company.

Regards,
CH
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