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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)
GMO 0.01210.0%Jan 21 4:00 PM EST
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To: Ron Everest who wrote (541)6/21/1997 8:28:00 AM
From: Michael Brody   of 588
 
Ron,
Though initial results were disappointing and are clearly
sub-economic we will just have have to wait and see what No.
Posie and Alaska bring. A couple of points to keep in mind. First,
one hole does not make a drill program, and second No. Posie
and Alaska were showing much higher soil, etc. values. My hope is
that in drilling first at Posie GMo has begun to define the tail-end
of what may become a much larger deposit at No. Posie/Alaska.
All the best. Holding for Alaska.
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