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: floj who wrote (374)	4/22/1997 11:27:00 AM
From: Ron Everest	of 588

Thanks Flo J: I believe you are right, with 2 drills turning 24 hrs per day, we should see results sooner. The timing I had suggested was derived from other companies, however, with the 24 hour drilling factor, we could see quicker results. IMO they will need to penetrate the dyke which is 230 meters down, so, for the most part this is relatively shallow drilling. We could see results in 3 to 6 weeks after drilling starts in approx 1 to 2 weeks. That would make it possible to receive results in mid to third week of May. Looking forward to seeing what Peter has found north of Alaska, soon, possibly this week if the patterns of the past hold. I sure do hope that the market does not get totally trashed by the Bre-X fiasco. Am thinking of lightening up on jr golds, however, am going to hang in there with GMO. Checked the trade workstation on Canada-Stockwatch this am and note that Cannaccord is taking approx 70% of the shares traded today. Will go back to the first of April and see what it shows and post later. Best regards, Ron E

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