Goldminco Consolidated Mining Corp. GMC (was GMO) Message Board

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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)

GMO 0.0121

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Jan 21 4:00 PM EST

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To: Ron Everest who wrote (336)	4/11/1997 5:31:00 PM
From: Daytek77	of 588

Ron/Michael Golminco should begin drilling in the next two- three weeks. The action today was not that bad considering TSE down 106 and Dow down 148. Most large players have made their moves. At this point the volumes for alot of stocks I follow are small which means novice investors are being scared into selling. I know one who sold Yamana at $4.50 after buying at $4.80 used the money to buy Bre-x at $3.50 and two days ago sold his Bre-X at $1.80!. This activity I believe is typical of an investor who does not know what they bought. I was thinking how someone is willing to invest in a CD @3.5% say $5000 and make whole $175 interest in a year yet that person will not wait at least a year for their investment to develop. This is typical I am afraid of the many novice investors in this arena who have probably been scared off for a while. Food for thought All the best Tony

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