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 (439)	5/22/1997 1:25:00 PM
From: Rajiv Arya	of 588

To all, I spoke with Peter Tambanis last night regarding the current drilling program. The first target to be drilled is the Posie (where the company had previously reported excellent pitting results). Though drilling had been scheduled to begin as of May 20th, the company is still apparently awaiting arrival of its drilling crew at the site. They are expected to arrive within the next week. Meanwhile, trenching has begun at the Posie North and Alaska sites. Unfortunately, Mr Tambanis appears inordinately satisfied with the completely non-promotional stance management has taken. While this may be admirable to some extent, I guess this attitude is why the market seems rather disinterested in the company though it is beginning a drilling program on a putatively excellent target. Rajiv

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