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Gold/Mining/Energy : first star energy FST on the ASE -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (233)	4/27/1998 9:09:00 AM
From: Peter	Read Replies (1) \| Respond to of 754

This newsletter appears confused. The selloff was due to missing the Leduc at lower levels. The upper levels have shows. The savior appears to be the Swan at lower level.

To: Ed Pakstas who wrote (233)	4/27/1998 7:42:00 PM
From: Mr Metals	Read Replies (1) \| Respond to of 754

*OFF TOPIC* Hi Ed, ATI earned $1.71 a share and the stock is trading at 28c. Am I missing something or is this a dream. Altai Resources Inc - Year end earnings $1.77 per share Altai Resources Inc ATIShares issued 129277381998-04-27 close $0.28Monday Apr 27 1998Mr Gordon Flatt reports Net income for the year ended December 31 1997 was $5,242,000 compared with $2,576,000 in 1996. Income per share for 1997 was $1.77 compared with $0.62 in 1996. Net income for the three months ended March 31 1998 was $660,000 compared with $469,000 for the same period in 1997. After providing for preference share dividends, first quarter income available for common shareholders was $163,000 compared with $96,000 in 1997. Income per share for the first quarter of 1998 was 17 cents compared with 10 cents for the same period in 1997. Given the company's improved financial position, the board of directors declared a 10 cents share dividend payable June 30 1998 to shareholders of record on June 15 1998. Ian Cockwell has resigned as president of ATI Corp to pursue other business opportunities. Mr. Cockwell ends a successful tenure with ATI, having steered the company through some challenging times while consistently enhancing shareholder value. Gordon Flatt, a director of the company, has been appointed president. FINANCIAL HIGHLIGHTS Three months ended March 31 ($ 000's) 1997 1996 Revenue $1,021 $1,115 Net earnings $ 660 $ 469 Earnings per share $0.17 0.10 FINANCIAL HIGHLIGHTS Year ended March 31 ($ 000's) 1997 1996 Revenue $8,122 $4,647 Net earnings $5,242 $2,576 Earnings per share $1.77 $0.62 Mr Metals (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com