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Gold/Mining/Energy : GMD RESOURCE

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To: Dave R. Webb who wrote (981)	12/29/1999 7:04:00 PM
From: VAUGHN	Read Replies (1) of 1030

Hello Dave Merry Christmas So let me get this straight. You are saying that this action is the result of an announced resource estimate of 250,000 ozs of AU @ a world price of $280 and a probable cost of production of roughly $310+/- per oz? So regarding the real news 21/12/99. You don't think the DB's news and announcement of a winter drill program was the reason? Seems like another example of insiders trading on information about Royce, long before the market gets the same dope. Smells again Dave. I can't help but wonder when, if ever, will the TSE crack down on GMD? Happy New Year & Millenium Vaughn

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