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: James R Webber who wrote (153)	3/30/1997 10:28:00 AM
From: Michael Brody	of 308

James, Thanks for the Casey update. I wish he would elaborate on just how much of a problem he thinks GRM's management is or was ?? The great irony here, as you can see from your post, is that GRM is the stock among the three mentioned (CQL, SUR, GRM) with the most advanced drilling at Marmato and yet it is the cheapest ???? If Marmato mountain turns out to host 100 million ozs. and let's say GRM owns only 25% in the end how do you explain a price of 1.00CDN ??? Let's not forget that GRM owns another 25% of everything CQL finds at the underground site as well. Personally, I believe GRM is on track to proving a minimum of 3 million ozs. and with another 1-2 million minimum from CQL they are already looking at 5 million ozs. I find the valuation of GRM absolutely unfathomable. It might just be the most undervalued and overlooked story I know of. If you study the channel samples taken from the old adits at Cien Pesos they are fantastic. For example, over 300 meters of better than 3 gm/ton. I can't wait for the drill results from that zone. Good luck with your investments.

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