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: Michael Brody who wrote (409)	5/10/1997 2:30:00 AM
From: Ron Everest	of 588

Most everything is fine Michael. The market sure dumped after the B--- fiasco. I got hurt some, but, have good stocks which are making a recovery or will soon. Hope you didn't get hurt too badly. Eric is right, it seems unusual that Peter Tambanis is putting two rigs to work right away. We only have 16 pits from North Posie (average grade from pit samples was 9.199 gm/tonne). Then there is the comment that Tambanis made to me that Alaska was 4 to 5.5 x more prospective than N Posie. Perhaps he is going to wait for the trenching results from Alaska before employing the second drill. His comments earlier were that "GMO is going to use 2 drills 24 hours per day". We should see some more sampling assays soon, IMO. Could be exciting, Best regards, Ron E

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