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Gold/Mining/Energy : GEO.TSE - Geomaque Explorations Inc.
GEO 14.93+0.6%Nov 12 4:00 PM EST

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To: Edmund Lee who wrote ()5/19/2000 2:51:00 PM
From: Edmund Lee   of 27
 
Facts and Rumour....
Fact is that this stock is not going anywhere except down at the moment with low volume. Recent good news indicates that the company was able to raise $3.5 million to complete the development of Honduras Project. Unless POG spikes there is nothing positive in the near term. Next year is a different story. Taking gold price at $300 minus total total cost would mean at least $50 an oz. With 120,000 oz. The earning could be as big as 6 million or 11 cents US per share. The current stock price is about 13 cents US. IMO, this is a US$2 stock next year.(It has been there before a couple of years ago)
Rumour that there is something big is going happen in June. I don't know what except I was told it means $$$
One more fact. This is a penny stock and risk is extremely high.
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