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Gold/Mining/Energy : Greenstone (GRERF)

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To: link who wrote (6)3/2/1997 1:30:00 PM
From: tony lam   of 138
 
To All: Greenstone is a probable takeover target - check Bema out!

Hey Link,

Forget about the long term price appreciation for greenstone stock that's a given, as long as they hit or exceed there production targets. Recently I hope everyone saw 15 co.'s signing confidentiality agreements with Bema gold, possible takeover candidate, but don't forget that the larger gold mining co.'s are eager to build up reserves, look at Bre-X, but it will have to be done through acquisitions. greenstone should have ten million ounces in the til by the end of this year and Mojon could provided more excitement with the drill result showing 1.75 g/t over 200 m.

This is definately a BUY now with gold bullion rising and greenstone themselves told me that companies have approached and are interested in them!

Later...
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