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Gold/Mining/Energy : GMD RESOURCE
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To: Goldy who wrote (644)2/16/1998 10:18:00 PM
From: Grant Baker  Read Replies (1) of 1030
 
Hi Goldy, or should I say Lorne? How is the weather over there in Iqaluit? It has been a pretty good winter so far this year over here in Yellowknife. How are things at the Baffin Divisional Board of Education these days?

Everybody who stays long enough in the north certainly knows of or has met a few geologists. And I have never met a geologist yet that didn't have an opinion about someone else's property! I am sure you respected the opinions of your geologist friends, but how many of them have actually been out to the Discovery property lately? Dr. Dave certainly knows that property very well - before starting Mongolia he worked for GMD as a geologist. With respect to first hand knowledge of this project, I think Dave's got you beat handily. (A little due diligence on your part would have alerted you to this fact.)

All that aside, given recent developments in this company I do believe that a certain amount of skepticism about this stock is a health attitude to have. Don't buy (or not buy) this stock based only upon the opinions of a friend or geologist who thinks he/she knows enough about the project to offer advice - remember what you are paying for that "free" advice! Investigate the company thoroughly yourself - do your own due diligence, and then make an informed decision.

I respect your opinion, but remember, most of the individuals on this thread are trying to justify to themselves why they are still holding this penny stock when some of them bought in or averaged up at considerably higher prices.....they may tend to be a bit defensive these days!
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