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Gold/Mining/Energy : Autumn Industries Incorporated (ATU-V) -- Ignore unavailable to you. Want to Upgrade?

To: thewiz who wrote (329)	4/16/1999 8:31:00 PM
From: thewiz	Respond to of 428

John, Just visited the ATU site and see that it has been updated with the announcements of the 1.6M incentive stock options and the 3.3M PP. I see the latter proceeds are to be used "to support the Company's newly announced initiative with the Yukon Government and for working capital". Not sure how much of this $1/2 million is to be used for 'support' or what that support would entail. Seems to me like we are desperately in need of the signing of a deal to support the working capital, etc. It appears as though we are searching for the one huge contract. If we could just get a few singles first, eventually the home run will come along. On the surface it seems rather simplistic: make a deal , get paid, stop issuing more paper and have happy shareholders (maybe even new ones). Ah,for the simple life! If you get any real news on the beginning of the Yukon study, the university or the power deals please let me know (probabilities and possibilities don't count any more, just PO's and cheques)