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Gold/Mining/Energy : GMD RESOURCE
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To: Richnorth who wrote (404)10/14/1997 12:54:00 PM
From: FISHONFOUR   of 1030
 
Good points all which brings up several questions.
How can one determine the value of GMD's Discovery gold find given the presentation of information? All of these results appear to be very good but what do they mean? If clearly understood, these results should move the stock significantly upwards. Other juniors have released results that do not appear as good and their stock soars. For some reason the market just does not believe that this could be a mineable orebody. Perhaps things will change when reserves are defined later this month. How many shares are issued? And how many shares fully diluted?? These are needed to determine per share value.

I believe that they have a mineable orebody with enormous potential unfortunately the market has yet to be convinced.
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