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Gold/Mining/Energy : Precious and Base Metal Investing

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To: LLCF who wrote (3251)	4/25/2002 1:03:21 AM
From: Karl Siemens	Read Replies (1) of 39344

I have had shares in GSL for several years. Too bad I was so busy at work that I didn't have time to follow it closely enough to sell out during its last big run. They have a tremendous deposit (4.7 million ounce of gold - and a few million ounces of silver too). Don't know how economical it is, though. Its main problem, I think, is that the project is in Colombia. They are biding their time until gold prices recover with a natural gas project. There is an SI site for Greystar, but it hasn't been active since May 13, 2000 (1267 replies listed that you can go through). Good luck. I think it has great potential if gold price rises a bit more and/or if Colombia's rebel problems get a bit better. By the way, Kinross owns a good chunk of Greystar. Regards, Karl

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