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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: Harold W. Davis who wrote (504)6/16/1997 3:18:00 PM
From: Ron Everest   of 588
 
Thanks for the post Harold. I took a look at trading by House just now and see that a total of 800,000 shares were traded in the past month and net seller Golden Capital had 163,000 and of this 35k was today at approx 60 cents. It is hard to tell if any house or houses are deliberately knocking down the stock. There seems to be a general malaise on jr golds today with most being down.

Over the past month the net buyers were Greenline +117,500, Cannaccord + 62,800 and Wolverton +40,100.

I am wondering where the news release is for the trenching and drill hole #1, anyone heard anything?

Any other views as to why the stock is dropping today?

Best regards,
Ron E
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