Gran Colombia Resources Inc (TSE.GRM) Message Board

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Gold/Mining/Energy : Gran Colombia Resources Inc (TSE.GRM)

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To: Mark K. who wrote (150)	3/21/1997 4:06:00 AM
From: Richnorth	of 308

Hi Mark, I hope you are right that PFG will hit $100/share this summer! The outlook on PFG is so bright that I have decided to buy some while the price is still below $10. Obviously you must be on the lookout for stocks with lots of potential and upside. I am quite new to investing, and I will greatly appreciate it if you would keep me posted. I will do likewise if I happen to have NEWS. Since Barrick is directly involved, PFG certainly looks very promising. What do you think of Bema Gold (BGO.T) and Arizona Star (AZS.V)? It seems that Barrick, after having failed in its bid for Busang (Bre-X)in order to become #1 in terms of gold reserves, is likely to takeover worthwhile targets like BGO and/or AZS. A friend of mine who is familiar with the general geology and geophysics of the area where Bema and Arizona Star have their properties told me that they do have the goods in the ground. When BGO and AZS were trading at about $6,he said that BGO and AZS could go to $20 by the end of the year. Currently, they are trading in the $11-12 range. I taked to Investor Relations at Gran Colombia today suggesting that they provide a website on the internet as well as a 800 number. Though they said they would consider the matter, they were somewhat evasive and defensive. I told them they were NOT doing enough to promote the stock. But they insisted that they are very honest people who don't like doing anything that might mislead investors. They said that as far as they were concerned, they were doing a fine job, and that they could not understand why Conquistador (CQL.V) and Sur American (SUR.C) could sell for higher prices when they have not done any drilling at all. Don't you think they have missed the point? I still think that GRM has a lot of upside. What say you? Good Luck! Tnks & Rgds! Richnorth

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