Golden Arch Resources---GAI.V Message Board

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Gold/Mining/Energy : Golden Arch Resources---GAI.V

GAI 8.800

0.0%

Mar 22 5:00 PM EST

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To: Fred Benjamin who wrote (185)	7/8/1997 3:13:00 PM
From: Jim Ilchyshn	of 359

I called the company today also and was told that they believe that they have what they were looking for - OIL, texas gold. Call my broker, I'm moving to Beverly... Hills that is. The drop in price is not related to any company fundamentals, but overall market conditions, for the VSE juniors that is. With the big point drop on the VSE index yesterday, people were scrambling to sell anything that was liquid, unfortunately or fortunately (however you want to look at it) the price of GAI was taken down in the carnage. I have taken this as an opportunity to buy some more. Maybe by next week I will be looking at a double? Don't get scared off and look at the oil in the ground as money in our companies pockets. Best of Luck, Jim.

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