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Gold/Mining/Energy : Gran Colombia Resources Inc (TSE.GRM)
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To: Sun Tan who wrote (188)5/9/1997 7:03:00 PM
From: Michael Brody   of 308
 
Sun Tan,
You are entitled to your opinion and it is obviously a
negative one. I do not blame anyone for being frustrated or
disbelieveing of GRM's performance. I merely try to offer my
own opinion nothing more. I am long the stock but I beleive i
view it's weaknesses and strengths objectively. Perhaps, the
scoping study will shed some light. It is going to take further
patience as Dawson told me today we are looking at up to
3 months for the report. They have not even selected the company
who will do the study yet. The good news he gave me today was that
they still aprox. 9 million dollars in the treasury for their
explorations/studies so they will not have financing problems
in the current environment. I must admit I have lost some respect
for Casey due to GRM. He bcan't always be right but he made a
very strong recommendation on GRM and thus far it has not even
come close to working out. Perhaps in the long run it will. Best of
luck. Sorry for the long post.
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