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Gold/Mining/Energy : AGM (VSE) AROYF (OTC) Ag Armeno Mines & Minerals -- Ignore unavailable to you. Want to Upgrade?

To: Ed Fishbaine who wrote (250)	4/26/1999 7:58:00 AM
From: Richard Mazzarella	Respond to of 317

Ed, <<why should giant Newmont give credence to a pipsqueak company like AGM by discussing the suit?>> <<What is surprising about this?>> Because it's the law unless Newmont truly believes there isn't any merit. Even then, all actions must be reported. Why risk problems with the SEC? Ps, Even though we may disagree I appreciate your analysis.

To: Ed Fishbaine who wrote (250)	4/26/1999 7:16:00 PM
From: Karl de Pina	Read Replies (3) \| Respond to of 317

Ed, You stated the following: <<As far as any reference to the lawsuit goes, why should giant Newmont give credence to a pipsqueak company like AGM by discussing the suit? Until Newmont is forced to deal with this legal issue it is likely to deny, evade and treat the issue as a non-event. What is surprising about this?>> The point I was making is that the outside auditors are required by GAAS and the SEC to mention any significant (or potentially significant) financial events in the audited statements. In addition, they are required to mention any significant (or potentially significant) events which occur after the period under audit has ended but before an opinion is issued. To approve the 12/31/98 Newmont 10-K, the auditors must have been convinced that Ag Armeno has no case. In summary, the outside auditors believe that Ag Armeno will not collect any significant amount of money from Newmont. All replies welcome, but any personal attacks will be ignored. Karl de Pina "Just the facts, Ma'am" - Jack Webb