25,740' WINFIELD RANCH JV PARTNERS Message Board

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Gold/Mining/Energy : 25,740' WINFIELD RANCH JV PARTNERS

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To: Harry who wrote (828)	3/3/1999 11:50:00 PM
From: Ed Pakstas	of 1326

Harry... A lot of us are in the same boat... My GCR cost me .50 average... Will most definitely be looking to unload some other dogs I own and average it down, if she tumbles...Bought the GCR for a few reasons: 1) Jones Gable has accumulated a ton of it and doesn't appear to be unloading it, as yet... 2) The company has over $3mm in the bank... 3) Don't appear to have any need for basement "share cert" printing presses... 4) They ain't gonna sit there looking at all that cash in the bank for ever... My guess is they are going to re-invest it someplace... ...ed

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