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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: D. Bryan who wrote (468)8/12/1998 12:22:00 AM
From: stevie  Read Replies (1) | Respond to of 552
 
News is that Armada is merging with Leader in a 30 million dollar deal. How does that translate to share price??? See release under the Leader mining forum.

Regards

Stevie



To: D. Bryan who wrote (468)8/12/1998 11:23:00 AM
From: Ross Orr  Read Replies (1) | Respond to of 552
 
Actually the stock resumed trading at 1:00 pm after a press release was issued by the company. It seems that Leader Mining thought a memoradum of understanding with a Armada was newsworthy. In fact it was only an agreement to perform due diligence on each other for 60 days to see if there was any concrete reason to merge. We issued a release stating that we had more than one MOU signed with other companies and no merger had been consumated. If you did not get the release call E.J. at 416-777-0878 to get a copy of the release faxed to yourself.

Ross Orr