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Gold/Mining/Energy : Goldbelt Resources (GDB.V) - anyone follow this ?

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To: John Sladek who wrote (18)2/2/1998 11:18:00 PM
From:   Read Replies (1) of 44
 
I talked to the company today. all the normal questions were asked, when they were asked the question about whether this company is worth investing in
I was told an answer that just about floored me. They said that they are not really advising to buy this stock at the present time, they are still waiting for the Khasaks to give the permits, "They supposedly have money in the bank but that this will run out by years end,

Now the things that is giving me a different signal on this company is
#1 they are producing. how many sh%t ass companies hype their stock with not a drill, shovel or anything in the ground?
#2 When talking to Goldbank I felt I was being talked to sincerely
not the ussual hype from a used car salesman painting everything rosy and the comback trail is in the next news release (if I had a dollar for every news release that had been promissed, Well you know).
#3 as sure as the sun gonna shine the POG will recover.

I'm still kicking the tires on this one. For a lot of what ifs, 7 or 8 cents might just not be that bad of a deal.
As for being sore at a stock I hear you I've got a few that I'm not so hot on myself, but I know the tune that my losers would singing would be everything coming up roses if I.R. were called on.

thanks
M.F.
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