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Gold/Mining/Energy : GMD RESOURCE

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To: T.J. McIntosh who wrote (414)	10/17/1997 1:48:00 PM
From: Richnorth	of 1030

Hi Todd, Thank you very much for drawing my attention to the Northern Miner website. It is great to be able to get the GMD news report a few days early before the Northern Miner hits the newsstands. The Northern Miner gives a positive report on GMD, and the data given seem to confirm my 'guesstimate' that GMD has at least 3 million oz of gold at the Ormsby zone and Discovery mine site. Since 1 million oz gold is the minimum that a major player (such as American Barrick or Placer Dome) would consider to be worthwhile exploiting and GMD apparently has 3 times that amount, I think interest in GMD will be very strong in the foreseeable future. Needless to say, this bodes very well for the stock and stockholders! Sorry, I gotta go now! Lots of action today on the NYSE! Cheers!!! Richnorth

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