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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)
GMO 0.01210.0%Jan 21 4:00 PM EST

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To: Daytek77 who wrote (464)5/27/1997 7:01:00 PM
From: Eric Rojas   of 588
 
Tony, very interesting about Capital's activities, the only possible explanantion is that they are trying to keep a lid on the price due to possible financing that may be done soon. Otherwise, I do not sere a reason to sell if the market wants to go higher, good volume the last couple of days, based on the note you posted from results on one hole from 1996, I see now the rationale, they will probably are going for insurance on the first set of results by drilling close to the reported hole, this will ensure them a good hole at least.....that may move the market passed $1.0 easily and from then on, speculation on Alaska will make it a very liquid stock for the next couple of months, I've been wrong in the past, this may be another but, my guess is that
you may not see price in the 80's too much longer....
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