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Gold/Mining/Energy : Abacus Minerals Corporation (V.AMC)
AMC 2.580+1.6%Oct 31 3:59 PM EST

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To: Elizabeth Andrews who wrote (344)6/3/1999 1:20:00 AM
From: Berry Picker  Read Replies (1) of 397
 
The deal with Phellps Dodge could pan out.. They are big outfit and could spend $7mil on exploration before AMC has to kick in a dime. Also they have another play up north that has already proven up 2.8 mil tonnes they need 5 to start a mine and they suspect they may have 7 or 8 so that ALONE could make this stock a buck or two.. Arj -entina drilling is what slammed this one.. But go look at the results from last year Could still come up smelling like a rose yet next year. They have another drill JV going with Red-whatever its name is.. Wild card - but could also hit. You can't suggest even ONE STOCK that is a better play and yet you'll slam this one??? WHY ??? This is not that bad a play. .... Brian
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