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To: Galirayo who wrote (6639)	3/6/1998 4:48:00 PM
From: Eric Freeman	Read Replies (1) \| Respond to of 9262

Ray, it is not an index, A U R Resources -(AUR - on the TSE) - it closed +.35 - +10.14 % - on over 1 million shares today. I have followed this one for some time - it looks ready to break out on a technical basis - and the fundamentals look good, my main reason for buying however is that something appears to be in the wind, as the pattern looks like serious accumulation - that's how I read it anyway. I got in at an average price of $3.30 over the last couple of weeks. Have been picking up golds on any weakness. Bought some more RYO today when it dropped down. Still think it is good for a run if Kemess mine is brought on stream. RYO has put an anti takeover scheme in place - so some of us long term holders get certain rights should a takeover come about, given certain circumstances etc. I feel the risk is low because the government would look stupid if RYO fails here - they have put money in on a settlement with RYO - also it can produce at low price. If copper price holds, or ticks up, so much the better. Eric