GGFI-GUYANA GOLDFIELDS Message Board

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Gold/Mining/Energy : GGFI-GUYANA GOLDFIELDS

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To: Rick McDougall who wrote (2)	4/16/1997 2:25:00 PM
From: Daytek77	of 259

Rick/Michael I have already mentioned to Michael that the results look good and in a normal market this stock would have risen considerably. However we are not in a normal market when it comes to junior golds/oils. The Bre-x hang-over could present another round of selling when confirmation comes in the first week of May by Strathcona. Pending these results I think it would be prudent to be patient on new aquisitions and keep those stocks which you want to hold six months from now. It could take that long for stability and liquidity to come back. It is not the end-of-world but I feel this is the best course of action at this point. There are many good companies to buy right now but they could go lower before they go back to their appropriate levels. All the best Tony

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