SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : GMD RESOURCE
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: lloyd lush who wrote (867)2/25/1999 3:17:00 PM
From: VAUGHN   of 1030
 
Hello Lloyd

Hope you are right, but you need physical site progress to sustain appreciation and there is none committed within the market's NWT diamond play expectation window.

I know GMD's targets (lakes) are suggested to be small and discrete and therefore drillable all year around. However, I doubt the market will look all that closely, unless positive physical field results (drill intercepts and grades) can be announced at least on a bi-weekly basis throughout the summer and fall.

There isn't much junior play competition this year, but you still need to have or create the expectation of asset value growth to sustain interest and grow capitalization.

I like the potential of this play very much, but management appears to have addopted an extremely methodical and conservative approach in light of deep pocket majority investors who's need for immediate reward is less substantial than that of your average shareholder.

Its an extremely frustrating play to follow but it does appear to have potential.

Just an opinion.

Regards
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News