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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)
GMO 0.01210.0%Jan 21 4:00 PM EST

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To: Daytek77 who wrote (292)3/20/1997 2:47:00 PM
From: John W Murphy   of 588
 
If anyone wants to see more of Ross's expertise you can look at
the V.IPT (Impact Minerals) thread that Ross started on the Canadian
Stocks.
It ran from .30 to .85, he recommended it at .85, it's now at .60.
They have a small JV on a Copper/Gold deposit in the Dominican Republic.
Here's a exerpt from their latest Press Release.

"Results for the initial 22 samples taken of representative rock units
on the property are encouraging.
Significant values range from 0.29 to 1.17 grams gold per ton."

I have nothing against this stock, any stock can get lucky.
But these numbers aren't even in the same ballpark as GMO's
and he goes to the trouble to start up a thread based on this?

I suggest that everyone do their own due diligence and don't get
led astray by rank amateurs.
Any weakness in this stock right now is due to nothing more that the
rainy weather and should obviously seen as a buying opportunity.
I am pleased to be in the company of some very bright investors on
this thread who do their homework and know a winner when they see one.
Every rose must have it's thorn and we all know what thorns do.
--John
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