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Gold/Mining/Energy : Gran Colombia Resources Inc (TSE.GRM)
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To: Michael Brody who wrote (154)3/30/1997 11:26:00 AM
From: chevalier   of 308
 
I sold my position in CQL and GRM thankfully a couple of weeks ago for the following reason: Their share prices were beginning to erode in price and after speaking to CQL and discovering that three drill holes were already completed I assumed that the initial results weren't that great. GRM eroded from $2.00 and CQL from $7.00. Remember that the market rarely lies. This is not a knock against either company as I still feel that their long term prospects look great however I would't expect any magical #'s from the first set of drill results. I hope that I am proven wrong.
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