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

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To: Steven Brates who wrote (168)4/11/1997 10:47:00 PM
From: Michael Brody   of 308
 
Steven,
You'd better do your homework. CQL has a minimum of 15 million
shares out fully diluted and that was as of 4/12/96 which was
quite some time ago. I can't access Canada Stockwatch for the
latest numbers but i am quite sure they have issued additional
shares since then. So the whole premise of why you believe CQL is
valued higher is simply not correct. IMHO it is due to better
promotion in the main and only secondarily to the addtional
properties they own but have not drilled yet.
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