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

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To: Ron Pitts who wrote (165)4/10/1997 11:15:00 PM
From: Michael Brody   of 308
 
Ron,
I believe your thinking very much matches my own on most if
not all the points you made. My exposure to Indo. right now is
minimal. However, if your prediction about BXM not having the
full goods turns out to be true i am afraid weare in for a long
rocky ride and we have not seen the worst yet. It will take a
very long time for the jr. market to recover from a final shock
such as the one you described. Actually, though you may very well
be correct I hope for everyone's sake you are too pessimistic. In
the meantime it pays to be highly selective and very cautious.
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