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Gold/Mining/Energy : ATNA ( v.atn t.atn) -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (307)	8/7/1998 12:56:00 PM
From: phoenix_investor	Read Replies (1) \| Respond to of 509

Keith, This is not a Black Sea situation. Atna and its affiliates are systematically spending less than 20% of available cash on four major mining exploration projects. Results so far have been positive and more are expected over the next few months. While it is possible that one or more large holders may blow their positions, it is equally likely that others recognizing the 25 year low valuations placed on the junior mining sector may step up to the plate. Atna with $17 million cash and a solid cost efficient exploration program in place will attract good publicity in the near future, particularly in the U.S. market imho. Rusty