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Gold/Mining/Energy : Geodex Resources - GXM.V (was Agate Bay ABE)
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To: GWalker who wrote (36)6/17/1997 11:04:00 PM
From: fivedollar   of 210
 
As there are likely many who feel that this stock was over promoted last fall when it was $1.10-1.35, I agree 100%. It has been a difficult nine months to endure as a shareholder who paid $1.25 for stock. Many roses have been promised along the way but so far it has been thorns up the ........ all the way.

If there has been a positive aspect in this story, I will admit that Agate Bay's people have always contended that this thing would happen. That is important from an investors prospective.

Although this deal is not officially done yet, I have been keeping in contact with Inmet over the past few months and their position has always been that the deal in iminent. Inmet did confirm today that the last clarification on the document has been finalized and the final document to be signed likely Monday or Tuesday of next week.

Based on current market conditions I still feel that Agate Bay could claw it's way back to $0.80 in short order.
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