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Gold/Mining/Energy : Gold City Mining - John Chapman, President

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To: Joel W. Grothendick who wrote (3)9/17/1997 6:34:00 AM
From: Francis R. Biscan Jr.   of 15
 
>> Imo this project has a huge reward potential with less than the usual associated risk. I have a pretty good wealth of information on gcp and will be glad to share what I can.<<

It looks like Garry sent you the info on this one too. It certainly seems you have been doing your homework !

I agree, this project offers high rewards, (maybe not as high as Cadre), but with seemingly less risks. One of the things I liked about Cadre was that revenues would be derived from 3 or 4 commodities, therefore lowering the risk of a major price decline in Gold. With Gold City, it was the nickel property, which is looking like it will very profitable at current prices.

I think we need to get the roll back out of the way before we start to move higher. I inquired as to when this might happen and was told everything had been completed and has been with the exchange for a few weeks now. So it could happen any day.

Rich
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