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Gold/Mining/Energy : GMD RESOURCE
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To: VAUGHN who wrote (987)1/4/2000 11:32:00 PM
From: Richnorth  Read Replies (1) of 1030
 
OFF TOPIC?

If you had sold some of your GMD shares and used the proceeds to buy either Burntsands Inc. (BRT.TSE) or Rocca Resources (RRL.VSE) or both since September, you would have had more than doubled your money by now. I bought 5,000 shares of BRT in September at $1.60 and sold them at year end at $4.20. In mid-November I bought 10,000 shares of RRL at $0.50 and sold them all at $1.00 today. Not bad, eh? Like most investors, I am still waiting for GMD to double. Long shot?

By the way, the gold deposits of GMD have been likened to a "dog's breakfast." I am not sure I know what it means. Do you?
Does it mean it's cheap and poor quality stuff? Or does it mean that the gold deposits are much too much discrete (i.e. too discontinuous and scattered here and there)? Or whatever? If you don't happen to know, I hope our Doc' would be so good as to venture an opinion.
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