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Gold/Mining/Energy : AGM (VSE) AROYF (OTC) Ag Armeno Mines & Minerals -- Ignore unavailable to you. Want to Upgrade?

To: Mark O'Hara who wrote (293)	8/3/1999 11:01:00 PM
From: Buckey	Respond to of 317

Mark - I used to follow this thread - wher ethe he is everyone - I was an asshole today trading OTC BB Bullsh* and did not even read the NR when I saw it -0 I checked the quote and it was .14 so I assumed it was an update - NO more OTC BB - too damn hard to get an order filled - AGM at open in a variety of accts

To: Mark O'Hara who wrote (293)	8/3/1999 11:17:00 PM
From: Buckey	Respond to of 317

Mark - Did you see this news - I did not see it posted here - You still got a job - But I suppose you knew that already - a cyber toast to you cashing in those options and living on a little island somwhere with little umbrellas in yur drinks AG Armeno Mines and Minerals Inc AGM Shares issued 25,262,209 1999-06-04 close $0.15 Monday Jun 7 1999 Mr. Bedo Kalpakian reports Further to the company's news release in Stockwatch Jan. 4, 1999, the company has extended the term of the employment of Mark David O'Hara of Vancouver, B.C., as head of public and investor relations in charge of co-ordinating and disseminating company news and information to the company's shareholders, brokers and the general investment community at the rate of $3,500 per month. Mr. O' Hara has been granted employee incentive stock options by the company to purchase a total of 143,000 common shares of the company at 15 cents per share. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.co

To: Mark O'Hara who wrote (293)	8/4/1999 2:25:00 PM
From: Ed Fishbaine	Read Replies (1) \| Respond to of 317

Mark and all As I read the news release it appears that the courts have completely tied up Merukh's finances. What can he do? Either he pays the $439 million which is impossible, or he negotiates a deal, or he declares bankruptcy. Bankruptcy would mean hs assets are auctioned off and the proceeds used towards paying Armeno. But he would be stupid to do this when he can negotiate and keep a piece of his assets for himself. IMO it looks like AGM will be moving towards a settlement which will probably be more favorable than the initial contract with Merukh in which he would have gained control of AGM in exchange for his BATU HIJAU holding. Now AGM stands a good chance of acquiring this holding, or a significant piece of it, without Merukh in the picture. Or, if the negotiations include Merukh in some involvement in AGM he will certainly not have a control position. The numbers are staggering. With 37 million shares, fully diluted, consider what the share price will be with any settlement. Take even the equivalent of a $40 million dollar settlement (based on BATU HIJAU value) and you have over a $1 share price. But again, in IMO, $40 million is a low ball figure. Regards, Ed