Delgratia Mining (DELGF) Message Board

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Gold/Mining/Energy : Delgratia Mining (DELGF)

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To: Randy Giese who wrote (147)	4/9/1997 11:57:00 PM
From: John McDonald	of 532

Randy, Thanks for posting the Jay Taylor review. I was most refreshed by reading the Jay Taylor review. It reminded me of the reason my broker first recommended the stock BEFORE he even knew anything about the Nevada site....BEFORE Delgratia was involved with the site! I am very glad to own the shares in Delgratia. Unless the whole company is a big fraud, and I do not have any reason to beleive so, Delgratia has a lot going for it...a whole lot. As stated in Taylor's analysis, there is risk in this stock as is in all pure exploration plays. BUT the risk to reward here looks great to me. Time has a way of healing a lot and if this company is for real it will be publicly known. In the long term we may look back and consider all this madness a blessing. Just look at all the publicity Delgratia is getting. It is in the spotlight...well, except for the Bre-x upstaging. If Delgratia is real, management will prove themselves in time. I can easily beleive that short sellers were behind all the rumors. Short sellers were loosing their shorts to say the least! Speaking of blessings I think it was extremely fortunate that Delgratia was not trading during the past week. If you follow other exploration stocks you will see that 99.9% (my personal liberal guess) (100% of the ones I own) of all gold exploration stocks have plumited during the last week of Bre-x fall out. Bre-x did continue to trade and the market cap loss was 3billion dollars. That is 3billion bucks that had to come out of the same market that Delgratia shares. A market that has been said to be no larger than Coke alone. A great many Bre-x holders have had to fill margin calls and most exploration stocks have been dramatically sold off. So, who is to say, Delgratia might have lost nearly as much value even if the rumors had not emerged. John

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