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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: Obie who wrote (524)6/17/1997 9:22:00 PM
From: John W Murphy   of 588
 
50,000 shares of panic selling is a drop in the bucket!
The most important thing is not the drop in price, low volume
can perform miracles in either direction, the important thing
is the low volume. Very few people were sucked in.There are millions
of shares out there.
Alice's fault is 13K long, we're just beginning, and beginning at the
least promising areas to boot.
We've talked many times to Peter and Gordon and I am thoroughly
convince that they are determined to work as hard and as smart as
they can to discover the buried treasure that we are all after.
We did not come up dry, there is gold in the structure, we are getting
closer and I am still confident that there are deep high grade structures
somewhere along the 13K long fault.
I was able to snag a few shares today and if the opportunity presents
itself again tomorrow I'll take advantage of it again.
Best of Luck
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