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Gold/Mining/Energy : GMD RESOURCE

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To: VAUGHN who wrote (924)	6/12/1999 4:11:00 PM
From: Dave R. Webb	of 1030

I have heard of different rumours over the past few weeks, including one from Yellowknife that there would be a news release out Friday. Obviously not. On occasion, people who are anticipating news will buy into any rumour, because it's what they want to hear. It kind of feeds on itself. There has been no news release, nor have their been any material change in the company's status or properties. Lots of anticipation, and the company is busy, but when there is news, it will be released promptly. Dave

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