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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: Michael Brody who wrote (327)4/3/1997 4:29:00 PM
From: Bob Lawson   of 588
 
GMO'ers

Talked to Gordon Hunter today. He indicated that the weather
has improved but things are still a wee bit wet. They plan on trying
to start road construction into the site next week, in order for
the drill rigs to get in there. It appears we're still about
3 - 4 weeks from drilling, and 1 or 2 after that for initial assay
results. This is probably good timing as it gives the BRE-X
situation time to calm down. We still have time to accumulate at
these prices as it looks we're be stuck in the .90 to 1.00 range
for a couple of weeks. He did mention that the geologist was
impressed with the surface and trench readings, saying, "they
were the best he's seen in a while". Hang in there. BULLET
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