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Gold/Mining/Energy : Armada Gold 10 Million oz of Gold & 1 billion lb of Cu ! -- Ignore unavailable to you. Want to Upgrade?

To: George Hassen who wrote (381)	2/26/1998 7:18:00 PM
From: ASHLEY5	Read Replies (1) \| Respond to of 552

Indications are that a financing may be imminent. This would enable ARMADA to carry on until the inevitable price increase for gold and/or a takeover/merger with a major occurs. First Dynasty poured it's first bar of gold today per a press release. This is also a Robert Friedland association (as is Armada) so things are happening behind the scenes to be sure. It has a mine in ARMENIA and therefore can produce at a low cost as would ARMADA. I think some news will break any day and this activity today got released as a precursor of what is to come.