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Gold/Mining/Energy : GMD RESOURCE

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To: bill who wrote (524)	1/29/1998 10:24:00 AM
From: VAUGHN	Read Replies (1) of 1030

Hello Bill No idea and this is just a guess, but if it isn't a supporter with deep pockets, could it be GMD its self supporting its stock with its treasury in the face of a shareholder exodus. Strategically it would give the play the appearance of support and staying power. I am not an expert on these matters, would management need AGM approval to institute a share buy back program? Food for thought in the absence of site progress news. Regards PS. It would be nice to see the share price ride a bit of the markets new found enthusiasm for AU. See ELD's new legs?

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