Delgratia Mining (DELGF) Message Board

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Gold/Mining/Energy : Delgratia Mining (DELGF)

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To: Robert Knight who wrote (168)	4/11/1997 9:02:00 PM
From: John McDonald	of 532

Robert, Yes I agree with you " Chuck needs to pick better friends <g>" I am sure that he will be more careful in the future. Regarding advice.....I personally think that now is a great time to buy even if the stock happens to drop more which is certainly possible. The only reason to buy this stock is if you think that there are good chances for the company to be successful in developing significant gold discoveries. If you do not percieve Delgratia as such then I would recommend that you not buy it at any price. I understand that the Niceragua (sp) site alone provides a value to the company equal to the market cap at $8 per share. That valuation may also include cash on hand...don't quote me. If you do beleive in the prospects for successful exploration(s) then anything from $.01 to the current $8.00 seems like a decent price to me. Two million shares traded today. Obviously there was more selling pressure than buying. The trend was pretty steady. Just keep any eye on the price over the next couple of days. It should be apparent when the selling is over. My guess and hope is that we saw the worst of it today. John

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